Saudi Arabian Stocks Based on Data Mining: Returns up to 16.08% in 3 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: 3 Days (2/14/21 – 2/17/21)
I Know First Average: 4.29%
Saudi Arabian Stocks
Saudi Arabian Stocks chart

In this 3 Days forecast for the Package, there were many high performing trades, and the algorithm correctly predicted 9 out of 10 trades. 6040.SE was the top performing prediction with a return of 16.08%. 2150.SE and 4130.SE saw outstanding returns of 9.0% and 5.14%. The package had an overall average return of 4.29%, providing investors with a 2.72% premium over the TDW Main’s return of 1.57% 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.