European Stocks Based on a Self-learning Algorithm: Returns up to 27.34% in 14 Days
European Stocks
This European Stocks 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 best European stocks based on artificial intelligence with bullish and bearish signals:
- Top 10 European stocks for the long position
- Top 10 European stocks for the short position
Package Name: By Region – European Stocks
Recommended Positions: Long
Forecast Length: 14 Days (9/25/2020 – 10/10/2020)
I Know First Average: 11.2%
Several predictions in this 14 Days forecast saw significant returns. The algorithm had correctly predicted 10 out 10 stock movements. WMH.L was our best stock pick this week a return of 27.34%. The suggested trades for AMS.S and NEX.L also had notable 14 Days yields of 25.37% and 24.93%, respectively. The package had an overall average return of 11.2%, providing investors with a 6.41% premium over the Euronext 100 return of 4.79% 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.