European Stocks Based on Data Mining: Returns up to 33.67% in 14 Days

May 9, 2021

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

European Stock Forecast
Package Name: By Region – European Stocks
Recommended Positions: Long
Forecast Length: 14 Days (4/23/21 – 5/8/21)
I Know First Average: 12.73%
European Stocks
European Stocks chart

During the 14 Days forecasted period several picks in the By Region – European Stocks Package saw significant returns. The algorithm had correctly predicted 10 out of 10 returns. The top-performing prediction from this package was 3HCL.MI with a return of 33.67%. Further notable returns came from LCOP.MI and LALU.MI at 21.65% and 13.38%, respectively. The package had an overall average return of 12.73%, providing investors with an 11.45% premium over the Euronext 100 return of 1.28% 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.

European Stock Forecast