Best European Stocks Based on Machine Learning: Returns up to 17.5% 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 (8/25/2020 – 9/1/2020)
I Know First Average: 3.16%
Best European Stocks
Best European Stocks chart

The algorithm correctly predicted 7 out 10 of the suggested trades in the By Region – European Stocks Package for this 7 Days forecast. The top performing prediction from this package was PFG.L with a return of 17.5%. TED.L and CINE.L also performed well for this time horizon with returns of 12.12% and 9.81%, respectively. The package had an overall average return of 3.16%, providing investors with a 4.27% premium over the Euronext 100 return of -1.11% 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.