Saudi Arabian Stocks Based on Algo Trading: Returns up to 123.26% in 3 Months

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 Months (6/17/2020 – 9/17/2020)
I Know First Average: 35.78%
Saudi Arabian Stocks
Saudi Arabian Stocks chart

This By Country –  Package forecast had correctly predicted 10 out of 10 stock movements. 6040.SE was the highest-earning trade with a return of 123.26% in 3 Months. 8070.SE, and 8160.SE had notable returns of 44.36% and 34.37%. The package had an overall average return of 35.78%, providing investors with a 21.69% premium over the TDW Main’s return of 14.09% during the period.

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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.