Saudi Arabian Equities Based on Genetic Algorithms: Returns up to 42.33% in 3 Months

Saudi Arabian Equities

This Saudi Arabian Equities 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 Months (3/1/21 – 6/1/21)
I Know First Average: 21.17%
Saudi Arabian Stocks
Saudi Arabian Stocks chart

10 out of 10 stock prices in this forecast for the By Country – Saudi Arabian Equities Package moved as predicted by the algorithm. 2130.SE was the top performing prediction with a return of 42.33%. 1302.SE, and 2060.SE had notable returns of 32.43% and 29.31%. The package had an overall average return of 21.17%, providing investors with a 5.29% premium over the TDW Main’s return of 15.88% 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.