Saudi Arabian Stocks Based on Machine Learning: Returns up to 49.06% in 3 Months

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 (11/26/2019 – 2/26/2020)
I Know First Average: 14.96%
Saudi Arabian Stocks
Saudi Arabian Stocks chart

Several predictions in this 3 Months forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. 2190.SE was our best stock pick this week a return of 49.06%. Additional high returns came from 4010.SE and 8250.SE, at 34.54% and 29.39% respectively. The package had an overall average return of 14.96%, providing investors with a 18.74% premium over the TDW Main’s return of -3.78% during the period.

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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.