European Stocks Based on Machine Learning: Returns up to 34.36% in 1 Month

June 24, 2020

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 (5/22/2020 – 6/23/2020)
I Know First Average: 13.4%
European Stocks
European Stocks chart

In this 1 Month forecast for the By Region – European Stocks Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. The top-performing prediction in this forecast was CECG.DE, which registered a return of 34.36%. COA.L and CBKG.DE also performed well for this time horizon with returns of 27.23% and 22.24%, respectively. The package had an overall average return of 13.4%, providing investors with a 1.84% premium over the Euronext 100 return of 11.56% 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