Top Indices Based on a Self-learning Algorithm: Returns up to 6.5% in 14 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: 14 Days (4/25/23 – 5/9/23)
I Know First Average: 3.39%
Top Indices
Top Indices chart

Several predictions in this 14 Days forecast saw significant returns. The algorithm has correctly predicted 8 out of 10 stock movements. The greatest return came from ^TA60SME at 6.5%. ^TA150SME and ^TA90 followed with returns of 6.04% and 5.68% for the 14 Days period. With these notable trade returns, the package itself registered an average return of 3.39% compared to the S&P 500’s return of 2.57% for the same 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.