Japanese Stocks Based on Stock Algorithm: Returns up to 15.16% in 7 Days
Japanese Stocks
This forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 Japanese stocks with bullish and bearish signals:
- Top 10 Japanese stocks for the long position
- Top 10 Japanese stocks for the short position
Package Name: By Country – Japanese Stocks
Recommended Positions: Long
Forecast Length: 7 Days (7/8/2020 – 7/15/2020)
I Know First Average: 2.93%
Several predictions in this 7 Days forecast saw significant returns. The algorithm had correctly predicted 6 out 10 stock movements. The top performing prediction from this package was 2154.T with a return of 15.16%. 8927.T and 2146.T also performed well for this time horizon with returns of 7.53% and 4.86%, respectively. The package had an overall average return of 2.93%, providing investors with a 1.47% premium over the Nikkei 225 return of 1.46% during the period.
Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.
How to interpret this diagram
Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.