DAX Forecast Based on Deep Learning: Returns up to 93.85% in 1 Month
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: 1 Month (2/3/21 – 3/3/21)
I Know First Average: 17.4%
For this 1 Month forecast the algorithm had successfully predicted 7 out of 10 movements. The top-performing prediction in this forecast was UM3.F, which registered a return of 93.85%. TUIGn.DE and RF.F also performed well for this time horizon with returns of 32.28% and 20.69%, respectively. The package had an overall average return of 17.4%, providing investors with a 15.63% premium over the BORSE DAX’s return of 1.77% 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.