Saudi Arabian Stocks Based on AI: Returns up to 145.65% in 1 Year
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: 1 Year (11/27/23 – 11/27/24)
I Know First Average: 40.54%
Several predictions in this 1 Year forecast saw significant returns. The algorithm has correctly predicted 7 out of 10 stock movements. The top-performing prediction in this forecast was 8200.SE, which registered a return of 145.65%. The suggested trades for 2160.SE and 2370.SE also had notable 1 Year yields of 107.6% and 101.07%, respectively. The package had an overall average return of 40.54%, providing investors with a 36.03% premium over the TDW Main’s return of 4.51% 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.