Saudi Arabian Stocks Based on a Self-learning Algorithm: Returns up to 9.69% in 3 Days
Saudi Arabian Stocks
This Saudi Arabian Stocks forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes a daily prediction for a total of 20 stocks with bullish and bearish signals:
- Top 10 Saudi Arabian Stocks for the long position
- Top 10 Saudi Arabian Stocks for the short position
Package Name: By Country – Saudi Arabian Stocks
Recommended Positions: Long
Forecast Length: 3 Days (9/26/22 – 9/29/22)
I Know First Average: 3.67%
Several predictions in this 3 Days forecast saw significant returns. The algorithm has correctly predicted 9 out of 10 stock movements. 8020.SE was the highest-earning trade with a return of 9.69% in 3 Days. 8070.SE and 8160.SE followed with returns of 9.46% and 7.08% for the 3 Days period. The package had an overall average return of 3.67%, providing investors with a 1.48% premium over the TDW Main’s return of 2.19% 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.