Black Box Trading Based on Artificial Intelligence: Returns up to 5.17% in 7 Days

Black Box Trading

This Spanish stocks forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 Spanish stocks with bullish and bearish signals:

  • Top 10 Spanish stocks for the long position
  • Top 10 Spanish stocks for the short position

Package Name: Spanish Stocks
Recommended Positions: Long
Forecast Length: 7 Days (04/23/2018 – 04/30/2018)
I Know First Average: 2.58%
Black Box Trading

I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this Spanish Stocks Package for the 7 Days time period. The greatest return came from REE.MC at 5.17%. ENAG.MC and SGREN.MC also performed well for this time horizon with returns of 4.87% and 4.66%, respectively. The package itself saw an overall return of 2.58%, providing investors with a 3.41% premium above the S&P 500’s return of -0.83% for the same time period.

Red Electrica Corporacion SA is a Spain-based company engaged in the energy sector. The Company, through Red Electrica de Espana SAU (REE), focuses on the management of the Spanish high-voltage transmission grid, as well as is responsible for its development, maintenance and improvement of the network’s installations. Its activities also include the coordination among generation, transmission and distribution process of electric energy. In addition, the Company manages and leases telecommunications infrastructure, in particular fiber optic cables. The Company is a parent of the Red Electrica Group and operates through its subsidiaries and affiliates in a number of countries, such as Spain, the Netherlands, Luxembourg, Peru, Chile and France.

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.