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 (4/23/23 – 5/23/23)
I Know First Average: 11.96%

There were many high performing trades and the algorithm correctly predicted 7 out of 10 trades. The top-performing prediction in this forecast was 8050.SE, which registered a return of 48.39%. The suggested trades for 2370.SE and 4080.SE also had notable 1 Month yields of 33.17% and 12.21%, respectively. The package had an overall average return of 11.96%, providing investors with a 10.95% premium over the TDW Main’s return of 1.01% 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.