Turkish Stocks Based on Machine Learning: Returns up to 54.32% in 1 Month

June 4, 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: 1 Month (5/3/2020 – 6/3/2020)
I Know First Average: 21.51%
Turkish Stocks
Turkish Stocks chart

Several predictions in this 1 Month forecast saw significant returns. The algorithm had correctly predicted 10 out 10 stock movements. BMELK.IS was the highest-earning trade with a return of 54.32% in 1 Month. MIPAZ.IS and YESIL.IS followed with returns of 50.7% and 18.33% for the 1 Month period. The package had an overall average return of 21.51%, providing investors with a 13.60% premium over the XU 100 return of 7.91% during the period.

Bomonti Elektrik Muhendislik Musavirlik Insaat Turizm ve Ticaret AS is a Turkey-based joint stock company engaged in the production and distribution of electric power. The Company operates a 6,744 Megawatt (MW) hydroelectric power plant.

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