Best European Stocks Based on AI: Returns up to 8.72% in 3 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: 3 Days (10/12/2018 – 10/15/2018)
I Know First Average: 3.55%
Best European Stocks

9 out of 10 stock prices in this forecast for the By Region – European Socks Package moved as predicted by the algorithm. FRES.L was our best stock pick this week a return of 8.72%. POLYP.L and RRS.L followed with returns of 6.94% and 6.59% for the 3 Days period. The package saw an overall yield of 3.55% versus the S&P 500’s return of 0.82% implying a market premium of 2.73%.

Fresnillo plc is a holding company. Through its subsidiaries, the Company is engaged in the mining and beneficiation of non-ferrous minerals, and the sale of related production. The primary contents of this production include silver, gold, lead and zinc. The Company has six operating mines: Fresnillo, located in the State of Zacatecas, which is primary silver mine; Saucito, located in the State of Zacatecas, an underground silver mine; Cienega, located in the State of Durango, an underground gold mine, including the San Ramon satellite mine; Herradura, located in the State of Sonora, a surface gold mine; Soledad-Dipolos mine, located in the State of Sonora, a surface gold mine, and Noche Buena, located in State of Sonora, a surface gold mine. The Company has two development projects, which include Saucito II and San Julian. The Company’s subsidiaries include Minera Fresnillo, S.A. de C.V., Minera Penmont, S. de R.L. de C.V., Minera Saucito, S.A. de C.V. and Fresbal Investments, Ltd.

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.