DAX Forecast Based on Artificial Intelligence: Returns up to 16.33% in 7 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: 7 Days (7/10/2020 – 7/18/2020)
I Know First Average: 4.49%
The algorithm correctly predicted 9 out 10 of the suggested trades in the By Country – German Stocks Package for this 7 Days forecast. The highest trade return came from CECG.DE, at 16.33%. Additional high returns came from CBKG.DE and CRIG.DE, at 6.55% and 5.88% respectively. The package had an overall average return of 4.49%, providing investors with a 1.05% premium over the BORSE DAX’s return of 3.44% 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.