European Stocks Based on Deep Learning: Returns up to 17.23% in 1 Month

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: 1 Month (5/6/22 – 6/6/22)
I Know First Average: 3.05%
European Stocks
European Stocks chart

During the 1 Month forecasted period several picks saw significant returns. The algorithm had correctly predicted 6 out of 10 returns. RENA.PA was the highest-earning trade with a return of 17.23% in 1 Month. SAEG.F and BIRG.I saw outstanding returns of 13.13% and 10.02%. The package had an overall average return of 3.05%, providing investors with a 0.62% premium over the Euronext 100 return of 2.43% 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.