Best European Stocks Based on Stock Prediction Algorithm: Returns up to 6.08% 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 (06/22/2018 – 06/26/2018)
I Know First Average: 2.55%
Best European Stocks

For this 3 Days forecast the algorithm had successfully predicted 10 out of 10 movements. The highest trade return came from GE3S.MI, at 6.08%. The suggested trades for XSD2.MI and IT3S.MI also had notable 3 Days yields of 4.17% and 3.62%, respectively. The overall average return in this By Region – European Socks package was 2.55%, providing investors with a 3.52% premium over the S&P 500’s return of -0.97% during the same period.

ETFS 3x Daily Short DAX 30 (GY3S) is designed to enable investors to gain a three times daily leveraged ‘short’ exposure to DAX® (TR) (DAX 30) by tracking the ShortDAX® x3 AR (TR) (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 DAX 30. For example, if the DAX 30 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). GY3S 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

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.