British Stocks Based on a Self-learning Algorithm: Returns up to 30.27% in 7 Days
British Stocks
This forecast for British 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 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: 7 Days (9/23/2020 – 9/30/2020)
I Know First Average: 4.43%
During the 7 Days forecasted period several picks in the UK Stock Forecast Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. The prediction with the highest return was WMH.L, at 30.27%. BAG.L and GFS.L also performed well for this time horizon with returns of 13.26% and 7.63%, respectively. The overall average return in this UK Stock Forecast package was 4.43%, providing investors with a 3.80% premium over the S&P 500’s return of 0.63% 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.