Saudi Arabian Stocks Based on Genetic Algorithms: Returns up to 48.52% in 3 Months

Saudi Arabian Stocks

This 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 Saudi Arabian 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 (11/24/2019 – 2/25/2020)
I Know First Average: 16.21%
Saudi Arabian Stocks
Saudi Arabian Stocks chart

This By Country Package forecast had correctly predicted 9 out of 10 stock movements. 2190.SE was our best stock pick this week a return of 48.52%. 4010.SE and 8250.SE saw outstanding returns of 37.19% and 35.16%. The package had an overall average return of 16.21%, providing investors with a 19.99% premium over the TDW Main’s return of -3.78% 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.