British Stocks Based on a Self-learning Algorithm: Returns up to 10.04% in 1 Month
British Stocks
This forecast for UK Stocks is part of the By Country Package, as one of I Know First’s neural network trading tools. The full forecast includes daily predictions for a total of 20 British stocks with bullish and bearish signals:
- Top 10 UK stocks for the long position
- Top 10 UK stocks for the short position
Package Name: UK Stock Forecast
Recommended Positions: Long
Forecast Length: 1 Month (7/26/24 – 8/27/24)
I Know First Average: 2.78%
In this 1 Month forecast for the UK Stock Forecast Package, there were many high performing trades and the algorithm correctly predicted 7 out of 10 trades. The greatest return came from MARS.L at 10.04%. BDEV.L and SMDS.L saw outstanding returns of 8.37% and 5.95%. The overall average return in this UK Stock Forecast package was 2.78%, providing investors with a 1.05% premium over the S&P 500’s return of 1.73% during the same 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.