Best European Stocks Based on Stock Prediction Algorithm: Returns up to 9.75% 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 (8/30/2019 – 9/2/2019)
I Know First Average: 1.02%
Best European Stocks
Best European Stocks chart

The algorithm correctly predicted 6 out 10 of the suggested trades in the By Region – European Stocks Package for this 3 Days forecast. NMC.L was our best stock pick this week a return of 9.75%. Further notable returns came from DCC.L and FRES.L at 1.85% and 1.75%, respectively. The package had an overall average return of 1.02%, providing investors with a 0.09% premium over the Euronext 100 return of 0.93% during the period.

NMC Health plc is a private healthcare services provider in the United Arab Emirates. The Company operates through two segments: healthcare and distribution & services. The healthcare segment is engaged in providing professional medical services, comprising diagnostic services, in and outpatient clinics, provision of all types of research and medical services in the field of gynecology, obstetrics and human reproduction and retailing of pharmaceutical goods. It also includes the provision of management services in respect of a hospital. It owns and operates hospitals, day surgery centers, medical centers and pharmacies. The distribution & services segment is engaged in wholesale trading of pharmaceutical goods, medical equipment, cosmetics and food. The Company also owns and operates Spain-based Clinica Eugin. It operates a total of approximately 30 healthcare services assets and over 15 pharmacies, including the approximately 205 bed Sheikh Khalifa General Hospital in Umm Al Quwain.

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.