Saudi Arabian Stocks Based on Big Data Analytics: Returns up to 43.37% in 7 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: 7 Days (8/2/22 – 8/9/22)
I Know First Average: 9.16%
Saudi Arabian Stocks
Saudi Arabian Stocks chart

The package has correctly predicted 9 out of 10 stock movements. The top performing prediction from this package was 1213.SE with a return of 43.37%. 2360.SE and 2090.SE also performed well for this time horizon with returns of 10.88% and 9.2%, respectively. The package had an overall average return of 9.16%, providing investors with a 9.23% premium over the TDW Main’s return of -0.07% 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.