Best European Stocks Based on Machine Learning: Returns up to 8.45% 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

European Stock Forecast
Package Name: By Region – European Stocks
Recommended Positions: Long
Forecast Length: 3 Days (12/26/22 – 12/29/22)
I Know First Average: 3.03%
Best European Stocks
Best European Stocks chart

There were many high performing trades and the algorithm correctly predicted 10 out of 10 trades. The prediction with the highest return was CCCP.WA, at 8.45%. Further notable returns came from ZALG.F and ZALG.DE at 4.84% and 4.84%, respectively. The package had an overall average return of 3.03%, providing investors with a 2.34% premium over the Euronext 100 return of 0.69% 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.