Best European Stocks Based on Deep Learning: Returns up to 89.38% in 1 Year
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 (7/14/20 – 7/14/21)
I Know First Average: 29.87%
In this 1 Year forecast for the By Region – European Stocks Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. The top-performing prediction in this forecast was LALU.MI, which registered a return of 89.38%. The suggested trades for LCOP.MI and XMKO.MI also had notable 1 Year yields of 79.62% and 49.46%, respectively. The package had an overall average return of 29.87%, providing investors with a 3.28% premium over the Euronext 100 return of 26.59% 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.
