British Stocks Based on Deep Learning: Returns up to 79.13% in 7 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

UK Stock Forecast
Package Name: UK Stock Forecast
Recommended Positions: Long
Forecast Length: 7 Days (8/9/2020 – 8/17/2020)
I Know First Average: 7.35%
British Stocks
British Stocks chart

During the 7 Days forecasted period several picks in the UK Stock Forecast Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The top-performing prediction in this forecast was DTY.L, which registered a return of 79.13%. PTEC.L, and ROR.L had notable returns of 2.4% and 1.51%. The package saw an overall yield of 7.35% versus the S&P 500’s return of 1.58% implying a market premium of 5.77%.

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.