Saudi Arabian Stocks Based on AI: Returns up to 57.81% in 14 Days
Saudi Arabian Stocks
This Saudi Arabian Stock 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: 14 Days (9/2/2020 – 9/16/2020)
I Know First Average: 12.73%
In this 14 Days forecast for the By Country – Saudi Arabian Stocks Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. 6040.SE was the highest-earning trade with a return of 57.81% in 14 Days. The suggested trades for 8270.SE and 2001.SE also had notable 14 Days yields of 26.84% and 20.42%, respectively. The package had an overall average return of 12.73%, providing investors with a 7.51% premium over the TDW Main’s return of 5.22% during the period.
ef Financial Officer
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.
