European Stocks

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 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: 7 Days (9/2/2020 – 9/9/2020)
I Know First Average: 1.9%

During the 7 Days forecasted period several picks in the By Region – European Stocks Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. EKTAb.ST was the top performing prediction with a return of 10.66%. Additional high returns came from LAGA.PA and WMH.L, at 9.18% and 8.95% respectively. The package had an overall average return of 1.9%, providing investors with a 1.12% premium over the Euronext 100 return of 0.78% 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.