Best European Stocks Based on a Self-learning Algorithm: Returns up to 29.91% in 7 Days

Best 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 Socks
Recommended Positions: Long
Forecast Length: 7 Days (05/22/2018 – 05/29/2018)
I Know First Average: 19.90%
Best European Stocks

During the 7 Days forecasted period several picks in the By Region – European Socks Package saw significant returns. The algorithm had correctly predicted 10 out 10 returns. The prediction with the highest return was IT3S.MI, at 29.91%. Further notable returns came from LCTO.MI and BTP2S.MI at 28.96% and 26.55%, respectively. The By Region – European Socks package had an overall average return of 19.90%, providing investors with a premium of 19.15% over the S&P 500’s return of 0.75%.

ETFS 3x Daily Short FTSE MIB (IT3S) is designed to enable investors to gain a three times daily leveraged ‘short’ exposure to FTSE MIB Total Return Index (FTSE MIB) by tracking the FTSE MIB Daily Ultra Short Strategy RT Gross TR Index (the “Index”). A three times daily leveraged short exposure means that the product is designed to reflect minus three times the daily percentage change in the FTSE MIB. For example, if the FTSE MIB was to rise in value by 5% on a particular day, the product would decrease in value by 15% on that day (before fees, expenses and adjustments). IT3S is an exchange traded product (“ETP”). It is not a UCITS. Securities in this ETP are structured as debt securities and not as shares (equity) and can be created and redeemed on demand by authorised participants and are traded on exchange just like shares in a company. The ETP is backed by swaps.

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

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