South African Stocks Based on Machine Learning: Returns up to 10.77% in 14 Days
South African Stocks
Best South African Stocks: This 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: Short
Forecast Length: 14 Days (4/24/22 – 5/8/22)
I Know First Average: 5.08%
10 out of 10 top stock picks from the algorithm decreased as predicted for this 14 Days forecasting period. APNJ.J saw monumental price change of 10.77% in just 14 Days. AMSJ.J, and GFIJ.J also had excellent performances with returns of 8.77% and 6.84% respectively. Finally, good returns could also come from short positions held on the rest of successfully predicted assets, providing positive gains over the same forecast 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.