Turkish Stocks Based on Data Mining: Returns up to 72.7% in 3 Months

Turkish Stocks

This 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 Months (5/19/2019 – 8/20/2019)
I Know First Average: 29.19%
Turkish Stocks
Turkish Stocks chart

During the 3 Months forecasted period several picks in the Turkish Stocks Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. The greatest return came from NIBAS.IS at 72.7%. INFO.IS and SANEL.IS also performed well for this time horizon with returns of 50.79% and 43.23%, respectively. The package had an overall average return of 29.19%, providing investors with a 18.55% premium over the XU 100 return of 10.64% during the period.

Nigbas Nigde Beton Sanayii ve Ticaret AS (Nigbas) is a Turkey-based engineering firm. The Company offers wide range of products including prestressed beams for bridges, poles, paving stones. Nigbas is also engaged in the production and distribution of ready-mix concrete.

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.