Top Indices Based on Machine Learning: Returns up to 6.54% 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 (12/31/23 – 1/3/24)
I Know First Average: 2.5%
Top Indices
Top Indices chart

9 out of 10 stock prices in this forecast for the By Country – Tel Aviv Indices Forecast Package moved as predicted by the algorithm. ^TAGROWTH was the top performing prediction with a return of 6.54%. Other notable stocks were ^TAREAL and ^TA60SME with a return of 4.85% and 4.0%. The package itself saw an overall return of 2.5%, providing investors with a 1.09% premium above the S&P 500’s return of 1.41% for the same time 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.