Top Canadian Stocks Based on Machine Learning: Return up to 28.76% in 1 Month

Top Canadian Stocks

The Canadian Stock Forecast is part of the “Canadian Stocks” package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 top Canadian stocks with bullish and bearish signals:

  • Top ten Canadian stocks pick to long
  • Top ten Canadian stocks pick to short

Package Name: Canadian Stocks 
Recommended Positions: Long
Forecast Length: 1 Month (04/15/2016 – 05/15/2016)
I Know First Average: 10.82%

Top Canadian Stocks

This 1-month forecast from the algorithm had a good performance with stocks BBD-B.TO, K.TO, and YRI.TO all having excellent returns of 28.76%, 26.23%, and 25.92%. With these high-returning stocks, the package had an average return of 10.82% to investors with a 60% accuracy rate. For the same time period, the S&P 500 returned -1.74%.

Bombardier Inc.(BBD-B.TO) manufactures and sells transportation equipment worldwide. The company operates in four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. In early May, the Canadian government said that it wants to actively help Bombardier Inc. to support their high number of Canadian jobs.

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 algorithmic traders.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.