Best European Stocks Based on Algo Trading: Returns up to 34.41% in 7 Days

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

European Stock Forecast
Package Name: By Region – European Stocks
Recommended Positions: Long
Forecast Length: 7 Days (5/9/24 – 5/16/24)
I Know First Average: 8.66%
Best European Stocks
Best European Stocks chart

10 out of 10 stock prices in this forecast moved as predicted by the algorithm. CCCP.WA was the top performing prediction with a return of 34.41%. MARS.L and TPK.L saw outstanding returns of 24.57% and 6.83%. The package had an overall average return of 8.66%, providing investors with a 7.35% premium over the Euronext 100 return of 1.31% 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.