British Stocks Based on a Self-learning Algorithm: Returns up to 5.76% in 3 Days
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: 3 Days (7/29/22 – 8/2/22)
I Know First Average: 1.36%
Several predictions in this 3 Days forecast saw significant returns. The algorithm had correctly predicted 7 out of 10 stock movements. The top-performing prediction in this forecast was IPO.L, which registered a return of 5.76%. HMSO.L and SNR.L saw outstanding returns of 4.4% and 3.35%. The overall average return in this UK Stock Forecast package was 1.36%, providing investors with a 0.49% premium over the S&P 500’s return of 0.87% 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.