European Stock Market: Up To 12.31% Return In 1 Month

European Stock Market

This forecast is part of the “By Region” 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 ten European stocks picks to long
  • Top ten European stocks picks to short

Package Name: “By region” Package – European Forecast
Recommended Positions:
 Long
Forecast Length: 1 Month (7/5/2015 – 8/5/2015)
I Know First Average: 5.13%

Get the “European Stock Market”-Package
European Stock Market

 

The top performing stock from the 1 Month “By region” Package (Europe) forecast from 7/5/2015 was Deutsche Telecom AG (DTE.DE). It had an outstanding return of 12.31% during the predicted time horizon. Other stocks with notable returns were Belvedere Societe Anonyme (BVD.PA) and Air France-KLM SA (AF.PA). They had noteworthy returns of 10.40% and 5.68% respectively in just 1 month, as each of the 10 stocks increased in accordance with the algorithm’s prediction. The I Know First average return from the forecast was 5.13%, which offered a clear advantage to investors over the S&P 500 return of 1.11% during the same time period.

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. The company operates through four segments: Germany, United States, Europe, and Systems Solutions. Yesterday the company reported better-than-expected Q2 earnings with EBITDA of $5.03 billion, which is $80 million better than the average forecast obtained in a Reuters poll. Deutsche Telekom owns 65.7% of T-Mobile, which is even bigger than the company’s German business, and was clearly the best contributor to the group’s quarterly sales.

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 algorithmic traders.

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