Best European Stocks Based on Genetic Algorithms: Returns up to 16.01% in 3 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
Package Name: By Region – European Stocks
Recommended Positions: Long
Forecast Length: 3 Days (7/19/2020 – 7/22/2020)
I Know First Average: 3.27%
I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this By Region – European Stocks Package for the 3 Days time period. SBSTA.OL was our best stock pick this week a return of 16.01%. Additional high returns came from FRES.L and SAABb.ST, at 7.33% and 6.22% respectively. The package had an overall average return of 3.27%, providing investors with a 3.51% premium over the Euronext 100 return of -0.24% 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.