Top Indices Based on Big Data Analytics: Returns up to 6.62% in 1 Month
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: 1 Month (9/29/24 – 10/29/24)
I Know First Average: 4.81%
10 out of 10 stock prices in this forecast for the By Country – Tel Aviv Indices Forecast Package moved as predicted by the algorithm. The greatest return came from ^TA60SME at 6.62%. ^TAGROWTH and ^TARIMON saw outstanding returns of 5.79% and 5.27%. The package had an overall average return of 4.81%, providing investors with a premium of 0.06% over the S&P 500’s return of 4.75% during 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.