Saudi Arabian Stocks Based on Artificial Intelligence: Returns up to 15.53% 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 (8/1/22 – 8/15/22)
I Know First Average: 8.89%
The algorithm correctly predicted 10 out of 10 the suggested trades for this 14 Days forecast. The highest trade return came from 2340.SE, at 15.53%. Other notable stocks were 2090.SE and 2360.SE with a return of 14.13% and 12.6%. The package had an overall average return of 8.89%, providing investors with a 6.06% premium over the TDW Main’s return of 2.83% 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.