Saudi Arabian Stocks Based on Deep-Learning: Returns up to 20.04% in 14 Days
Saudi Arabian Stocks
Best Saudi Arabian Stocks: This South African Stock 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 (12/1/2019 – 12/16/2019)
I Know First Average: 7.12%
Several predictions in this 14 Days forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. 4061.SE was the highest-earning trade with a return of 20.04% in 14 Days. 1214.SE and 3001.SE also performed well for this time horizon with returns of 17.66% and 11.55%, respectively. The package had an overall average return of 7.12%, providing investors with a 3.56% premium over the TDW Main’s return of 3.56% 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.