Turkish Stocks Based on Algo Trading: Returns up to 30.28% in 7 Days

Turkish Stocks

This Turkish stocks 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 stocks with bullish and bearish signals:

  • Top 10 Turkish stocks for the long position
  • Top 10 Turkish stocks for the short position

Package Name: Turkish Stocks
Recommended Positions: Long
Forecast Length: 7 Days (8/1/22 – 8/8/22)
I Know First Average: 7.83%
Turkish Stocks
Turkish Stocks chart

During the 7 Days forecasted period several picks in the Turkish Stocks Package saw significant returns. The algorithm had correctly predicted 8 out of 10 returns. The prediction with the highest return was NUHCM.IS, at 30.28%. Further notable returns came from BTCIM.IS and ECZYT.IS at 12.79% and 10.26%, respectively. The package had an overall average return of 7.83%, providing investors with a 7.59% premium over the XU 100 return of 0.24% during the 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.