Equity Valuation Based on Data Mining: Returns up to 68.37% in 14 Days

Equity Valuation

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: 14 Days (10/18/2016 – 11/01/2016)
I Know First Average: 10.07%
Equity Valuation

For this 14 Days forecast the algorithm had successfully predicted 7 out of 10 movements. The highest trade return came from MTL, at 68.37%. The suggested trades for AF.PA and CO.PA also had notable 14 Days yields of 11.09% and 9.83%, respectively. The overall average return in this By Region – European Stocks package was 10.07%, providing investors with a 10.77% premium over the S&P 500’s return of -0.70% during 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 built 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.