Saudi Arabian Stocks Based on Machine Learning: Returns up to 26.08% 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 (6/17/21 – 7/17/21)
I Know First Average: 5.28%
Saudi Arabian Stocks
Saudi Arabian Stocks chart

During the 1 Month forecasted period several picks in the By Country – Saudi Arabian Stock Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. 2240.SE was the top performing prediction with a return of 26.08%. Further notable returns came from 8200.SE and 8260.SE at 16.12% and 14.58%, respectively. The package had an overall average return of 5.28%, providing investors with a 5.85% premium over the TDW Main’s return of -0.57% 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.