DAX Forecast Based on a Self-learning Algorithm: Returns up to 23.0% in 14 Days
DAX Forecast
Best German Stocks: This DAX forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:
- Top 10 German stocks for the long position
- Top 10 German stocks for the short position
Package Name: By Country – German Stocks
Recommended Positions: Long
Forecast Length: 14 Days (5/19/2020 – 6/2/2020)
I Know First Average: 12.56%
Several predictions in this 14 Days forecast saw significant returns. The algorithm had correctly predicted 10 out 10 stock movements. The prediction with the highest return was CECG.DE, at 23.0%. ARLG.DE, and MTXGn.DE had notable returns of 20.28% and 18.47%. The package had an overall average return of 12.56%, providing investors with a 3.86% premium over the BORSE DAX’s return of 8.7% during the 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.