Turkish Stocks Based on Data Mining: Returns up to 33.09% in 3 Days

September 24, 2020

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: 3 Days (9/18/2020 – 9/23/2020)
I Know First Average: 10.29%
Turkish Stocks
Turkish Stocks chart

7 out of 10 stock prices in this forecast for the Turkish Stocks Package moved as predicted by the algorithm. The prediction with the highest return was TKURU.IS, at 33.09%. AKMGY.IS, and BEYAZ.IS had notable returns of 32.89% and 32.82%. The package had an overall average return of 10.29%, providing investors with a 11.01% premium over the XU 100 return of -0.72% during the period.

)–Price To Sales (TTM)50.49Price To Book (MRQ)–Price To Cash Flow (TTM)–Total Debt To Equity (MRQ)–LT Debt To Equity (MRQ)–Return on Investment (TTM)-55.18Return on Equity (TTM)-32.28

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.

Turkish Stock Forecast