Saudi Arabian Stocks Based on Algorithmic Trading: Returns up to 24.24% in 14 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: 14 Days (6/1/21 – 6/15/21)
I Know First Average: 6.38%
Saudi Arabian Stocks
Saudi Arabian Stocks chart

This By Country Stocks Package forecast had correctly predicted 10 out of 10 stock movements. The top performing prediction from this package was 2340.SE with a return of 24.24%. Additional high returns came from 2140.SE and 6040.SE, at 13.07% and 6.38% respectively. The package had an overall average return of 6.38%, providing investors with a 3.72% premium over the TDW Main’s return of 2.66% during the period.

Abdul LatifExecutive Member of the Board

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.