Saudi Arabian Stocks Based on Pattern Recognition: Returns up to 44.01% in 3 Months

Saudi Arabian Stocks

This Saudi Arabian 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 (11/28/2019 – 2/28/2020)
I Know First Average: 15.62%
Saudi Arabian Stocks
Saudi Arabian Stocks chart

During the 3 Months forecasted period several picks in the package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. The top performing prediction from this package was 2190.SE with a return of 44.01%. 4010.SE and 8250.SE also performed well for this time horizon with returns of 37.68% and 27.63%, respectively. The package had an overall average return of 15.62%, providing investors with a 18.48% premium over the TDW Main’s return of -2.86% 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.