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 Months (10/29/2019 – 1/29/2020)
I Know First Average: 11.09%

The algorithm correctly predicted 8 out 10 of the suggested trades in the By Country – Package for this 3 Months forecast. The top performing prediction from this package was 4010.SE with a return of 26.04%. 4050.SE and 4200.SE also performed well for this time horizon with returns of 25.21% and 20.37%, respectively. The package had an overall average return of 11.09%, providing investors with a 5.94% premium over the TDW Main’s return of 5.15% 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.