British Stocks Based on Machine Learning: Returns up to 27.89% in 7 Days

British Stocks

This forecast for British Stocks is part of the By Country Package for UK, 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

UK Stock Forecast
Package Name: UK Stock Forecast
Recommended Positions: Long
Forecast Length: 7 Days (9/22/2020 – 9/29/2020)
I Know First Average: 2.59%
British Stocks
British Stocks chart

For this 7 Days forecast the algorithm had successfully predicted 6 out of 10 movements in the By Country Package for the UK. The prediction with the highest return was WMH.L, at 27.89%. Additional high returns came from OCDO.L and GFS.L, at 3.28% and 1.67% respectively. This algorithmic forecast package presented a significant overall return of 2.59% versus S&P 500’s performance of 1.61% providing a market premium of 0.98%.

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.