Top Indices Based on a Self-learning Algorithm: Returns up to 4.93% in 7 Days

Top Indices

This Tel Aviv Indices forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 indices with bullish and bearish signals:

  • Top 10 Tel Aviv Indices forecast for the long position
  • Top 10 Tel Aviv Indices forecast for the short position

Package Name: By Country – Tel Aviv Indices Forecast
Recommended Positions: Long
Forecast Length: 7 Days (7/6/22 – 7/13/22)
I Know First Average: 1.75%
Top Indices
Top Indices chart

During the 7 Days forecasted period several picks in the By Country – Tel Aviv Indices Forecast Package saw significant returns. The algorithm had correctly predicted 10 out of 10 returns. The top-performing prediction in this forecast was ^TABNK, which registered a return of 4.93%. ^TA60SME and ^TA90 saw outstanding returns of 1.98% and 1.63%. This algorithmic forecast package presented an overall return of 1.75% versus the S&P 500’s performance of 1.42% providing a market premium of 0.33%.

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.