Japanese Stocks Based on Data Mining: Returns up to 8.38% in 7 Days
Japanese 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 Japanese Stocks with bullish and bearish signals:
- Top 10 Japanese stocks for the long position
- Top 10 Japanese stocks for the short position
Package Name: By Country – Japanese Stocks
Recommended Positions: Long
Forecast Length: 7 Days (2/21/24 – 2/28/24)
I Know First Average: 3.26%
This By Country – Japanese Stocks Package forecast has correctly predicted 10 out of 10 stock movements. The top-performing prediction in this forecast was 6361.T, which registered a return of 8.38%. 6674.T and 6966.T saw outstanding returns of 4.96% and 4.38%. The package had an overall average return of 3.26%, providing investors with a 1.06% premium over the Nikkei 225 return of 2.2% 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.