Best European Stocks Based on Artificial Intelligence: Returns up to 12.02% 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 Stocks
Recommended Positions: Long
Forecast Length: 7 Days (06/05/2019 – 06/12/2019)
I Know First Average: 3.17%
Best European Stocks

During the 7 Days forecasted period several picks in the By Region – European Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The prediction with the highest return was SPRGn.DE, at 12.02%. Further notable returns came from CEY.L and DCC.L at 5.85% and 5.13%, respectively. The By Region – European Stocks package had an overall average return of 3.17%, providing investors with a premium of 1.00% over the S&P 500’s return of 2.17%.

Axel Springer SE is a Germany-based publishing company that operates through three segments: Classified Ad Models, Paid Models and Marketing Models. The Classified Ad Models segment focuses on online classified advertising and includes, among others, belvilla.com, immonet.de, meinestadt.de and totaljobs.com; the Paid Models segment comprises all business models that are primarily used by paying readers, including the digital and print media of the BILD and WELTN24 Group, the computer, car and sport magazines of the BILD brand family, B.Z. and the music magazines, and the Marketing Models segment focuses on sales to advertising customers and includes finanzen.net, idealo.de and gofeminin.de, among others. The Company also focuses on the digital transformation of its business.

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.