Arbitrage Trading Based on Algo Trading: Returns up to 8.06% in 7 Days

Arbitrage Trading

This forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 Italian stocks with bullish and bearish signals:

  • Top 10 Italian stocks for the long position
  • Top 10 Italian stocks for the short position

Package Name: By Country – Italian Stocks
Recommended Positions: Long
Forecast Length: 7 Days (04/02/2018 – 04/09/2018)
I Know First Average: 1.82%
Arbitrage Trading

The algorithm correctly predicted 7 out 10 of the suggested trades in the By Country – Italian Stocks Package for this 7 Days forecast. MONC.MI was the highest-earning trade with a return of 8.06% in 7 Days. Additional high returns came from CPRI.MI and SRG.MI, at 3.98% and 3.35% respectively. The package had an overall average return of 1.82%, providing investors with a 2.87% premium over the S&P 500’s return of -1.05% during the period.

Moncler SpA is an Italy-based company engaged in fashion industry. The Company designs, produces and distributes clothing and accessories through Moncler brand. Moncler SpA manufactures collections for women, men and children. The Company offers mainly sportswear, outerwear, knitwear and skiwear, including jackets, shoes, sweaters, trousers, bags, shirts, tops, gloves, hats and sunglasses, among others. Moncler SpA trades its products through approximately 122 stores, as well as through the wholesale distribution channel. Moncler SpA operates in approximately 66 countries, including Austria, France, Germany, Switzerland, Turkey, China, Hong Kong, Japan, Taiwan and the United States, among others.

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.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.