Top TSX Venture Stocks Based on Deep Learning: Returns up to 43.18% in 3 Days
Top TSX Venture Stocks
This TSX Venture Stocks forecast is part of the By Country Package, as one of I Know First’s systematic trading tools. The full forecast includes daily predictions for a total of 20 top stocks with bullish and bearish signals:
- Top 10 TSX Venture stocks for the long position
- Top 10 TSX Venture stocks for the short position
Package Name: By Country – TSX Venture Stocks
Recommended Positions: Long
Forecast Length: 3 Days (7/17/2020 – 7/21/2020)
I Know First Average: 15.66%
Several predictions in this 3 Days forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. The top performing prediction from this package was OCG.V with a return of 43.18%. NNO.V and SSV.V also performed well for this time horizon with returns of 42.74% and 36.36%, respectively. The package itself saw an overall return of 15.66%, providing investors with a 14.80% premium above the TSX’s return of 0.86% 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.