Top Indices Based on Stock Market Algorithm: Returns up to 58.11% in 1 Year
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 Year (3/11/24 – 3/11/25)
I Know First Average: 30.95%
For this 1 Year forecast the algorithm has successfully predicted 10 out of 10 movements. The prediction with the highest return was ^TABNK, at 58.11%. ^TAOILGAS and ^TA60SME also performed well for this time horizon with returns of 42.98% and 38.54%, respectively. This algorithmic forecast package presented an overall return of 30.95% versus the S&P 500’s performance of 29.2% providing a market premium of 1.75%.
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.