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

Package Name: By Country – Saudi Arabian Stocks
Recommended Positions: Long
Forecast Length: 3 Months (5/30/21 – 8/30/21)
I Know First Average: 7.21%

The algorithm correctly predicted 8 out 10 of the suggested trades in the By Country – Saudi Arabian Stocks Package for this 3 Months forecast. The top-performing prediction in this forecast was 6040.SE, which registered a return of 25.24%. Other notable stocks were 4003.SE and 8020.SE with a return of 18.78% and 16.61%. The package had an overall average return of 7.21%, providing investors with a 0.22% premium over the TDW Main’s return of 6.99% 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.