Best German Stocks Based on Deep-Learning: Returns up to 8.04% in 7 Days

Best German Stocks

Best German Stocks: This forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

  • Top 10 German stocks for the long position
  • Top 10 German stocks for the short position

Package Name: By Country – German Stocks
Recommended Positions: Long
Forecast Length: 7 Days (8/19/2020 – 8/26/2020)
I Know First Average: 2.42%
Best German Stocks
Best German Stocks chart

During the 7 Days forecasted period several picks in the By Country – German Stocks Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. The top-performing prediction in this forecast was CECG.DE, which registered a return of 8.04%. DPWGn.DE and ARLG.DE followed with returns of 5.76% and 4.93% for the 7 Days period. The package had an overall average return of 2.42%, providing investors with a 0.03% premium over the BORSE DAX’s return of 2.39% 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.