Top Indices Based on Machine Learning: Returns up to 5.02% in 3 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: 3 Days (8/24/22 – 8/27/22)
I Know First Average: 1.71%
Top Indices
Top Indices chart

The algorithm correctly predicted 10 out of 10 the suggested trades in the By Country – Tel Aviv Indices Forecast Package for this 3 Days forecast. The highest trade return came from ^TACHEM, at 5.02%. ^TAOILGAS and ^TAENR followed with returns of 2.28% and 1.89% for the 3 Days period. The package had an overall average return of 1.71%, providing investors with a premium of 0.55% over the S&P 500’s return of 1.16% 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.