Best European Stocks

This European Stocks forecast is part of the By Region Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 best European stocks based on artificial intelligence with bullish and bearish signals:

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

Package Name: By Region – European Stocks
Recommended Positions: Long
Forecast Length: 1 Year (4/11/21 – 4/12/22)
I Know First Average: 14.56%

For this 1 Year forecast the algorithm had successfully predicted 6 out of 10 movements. The greatest return came from GLEN.L at 83.4%. Other notable stocks were BOL.ST and CNHI.MI with a return of 53.01% and 25.62%. The package had an overall average return of 14.56%, providing investors with a 11.71% premium over the Euronext 100 return of 2.85% during the period.

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of commodities worldwide. It operates in three segments: Metals and Minerals, Energy Products, and Agricultural Products.

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.