DAX Forecast Based on Big Data Analytics: Returns up to 21.43% in 14 Days

DAX Forecast

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 (3/24/21 – 4/7/21)
I Know First Average: 4.39%
DAX Forecast
DAX Forecast chart

In this 14 Days forecast for the By Country – German Stocks Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 trades. UM3.F was the top performing prediction with a return of 21.43%. Further notable returns came from BMWG.DE and HEIG.DE at 6.76% and 6.42%, respectively. The package had an overall average return of 4.39%, providing investors with a 0.88% premium over the BORSE DAX’s return of 3.51% 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.