Saudi Arabian Stocks Based on Data Mining: Returns up to 24.23% in 1 Month

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: 1 Month (7/10/22 – 8/10/22)
I Know First Average: 10.15%
Saudi Arabian Stocks
Saudi Arabian Stocks chart

During the 1 Month forecasted period several picks saw significant returns. The algorithm had correctly predicted 9 out of 10 returns. 1302.SE was our best stock pick with a return of 24.23%. The suggested trades for 2130.SE and 4003.SE also had notable 1 Month yields of 19.29% and 17.83%, respectively. The package had an overall average return of 10.15%, providing investors with a 1.26% premium over the TDW Main’s return of 8.89% 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.