European Stocks Based on Deep-Learning: Returns up to 71.98% in 3 Months
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: 3 Months (11/7/22 – 2/7/23)
I Know First Average: 31.67%
Several predictions in this 3 Months forecast saw significant returns. The algorithm has correctly predicted 10 out of 10 stock movements. The prediction with the highest return was ZALG.F, at 71.98%. Other notable stocks were ZALG.DE and PNDORA.CO with a return of 71.13% and 42.58%. The package had an overall average return of 31.67%, providing investors with a 21.73% premium over the Euronext 100 return of 9.94% 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.