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: 7 Days (5/23/21 – 5/31/21)
I Know First Average: 5.57%

The algorithm correctly predicted 7 out 10 of the suggested trades in the By Country – Saudi Arabian Stocks Package for this 7 Days forecast. 6040.SE was the top performing prediction with a return of 36.48%. 2340.SE and 2130.SE also performed well for this time horizon with returns of 8.67% and 6.51%, respectively. The package had an overall average return of 5.57%, providing investors with a 3.53% premium over the TDW Main’s return of 2.04% during the period.

ef Financial Officer

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.