Top Indices Based on Stock Algorithm: Returns up to 19.23% in 3 Months

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 Months (6/6/23 – 9/6/23)
I Know First Average: 7.9%
Top Indices
Top Indices chart

In this 3 Months forecast for the By Country – Tel Aviv Indices Forecast Package, there were many high performing trades and the algorithm correctly predicted 9 out of 10 trades. ^TAOILGAS was the top performing prediction with a return of 19.23%. ^TAENR and ^TATECH also performed well for this time horizon with returns of 17.21% and 9.25%, respectively. The By Country – Tel Aviv Indices Forecast package had an overall average return of 7.9%, providing investors with a premium of 2.29% over the S&P 500’s return of 5.61%.

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.