Best European Stocks Based on Algorithmic Trading: Returns up to 144.58% in 3 Months

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 Months (09/16/2016 – 12/16/2016)
I Know First Average: 30.35%
Best European Stocks

Several predictions in this long-term 3 Months forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. MTL was the top performing prediction with a return of 144.58%. GLEN.L and MT saw outstanding returns of 46.67% and 36.54%. With these notable trade returns, the package itself registered an average return of 30.35% compared to the S&P 500’s return of 5.16% for the same period.

Mechel Sp ADR (MTL) engages in mining and steel businesses in Asia,the Russian Federation, the Commonwealth of Independent States, Europe, the Middle East, the United States, and internationally. Mechel PAO works in three different sectors,Mining, Steel, and Power. The company was build in 2013 and is based in Moscow, the Russian Federation.

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.