South African Stocks

This Best South African 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 stocks with bullish and bearish signals:

• Top 10 South African stocks for the long position
• Top 10 South African stocks for the short position

Package Name: By Country – South African Stocks
Recommended Positions: Long
Forecast Length: 7 Days (3/23/21 – 3/30/21)
I Know First Average: 1.3%

I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this By Country – South African Stocks Package for the 7 Days time period. The greatest return came from TFGJ.J at 4.86%. MRPJ.J and SHPJ.J saw outstanding returns of 3.56% and 2.98%. The package had an overall average return of 1.3%, providing investors with a 0.47% premium over the JSE Africa’s return of 0.83% 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.