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: 7 Days (8/1/21 – 8/9/21)
I Know First Average: 8.84%

Several predictions in this 7 Days forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. MGGT.L was the top performing prediction with a return of 52.16%. Other notable stocks were BIRG.I and BBVA.MC with a return of 14.39% and 6.45%. The package had an overall average return of 8.84%, providing investors with a 6.26% premium over the Euronext 100 return of 2.58% 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.