European Stocks To Buy Based on Algo Trading: Returns up to 52.30% in 3 Months

European Stocks To Buy

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 to buy 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: 3 Months (12/02/2018 – 02/28/2019)
I Know First Average: 17.05%
European Stocks To Buy

In this 3 Months forecast for the By Region – European Stocks Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. The top-performing prediction in this forecast was FXPO.L, which registered a return of 52.30%. Other notable stocks were GRG.L and MCRO.L with a return of 28.41% and 21.60%. The package had an overall average return of 17.05%, providing investors with a premium of 12.31% over the S&P 500’s return of 4.74% during the same period.

Ferrexpo plc is an iron ore pellet producer. The Company produces, develops and markets its principal product, iron ore pellets, for sale to the metallurgical industry. The Company’s operations are vertically integrated from iron ore mining through to iron ore concentrate, and pellet production and subsequent logistics. It operates approximately two mines and a processing plant near Kremenchug in Ukraine, and an interest in a port in Odessa, and sales. It operates a fleet of vessels operating on the Rhine and Danube waterways, and an ocean going vessel, which provides top off services, and operates on international sea routes. Its mineral properties lie within the Kremenchug Magnetic Anomaly and are being extracted at the Gorishne-Plavninskoye and Lavrikovskoye (GPL), and Yeristovskoye deposits. It has a customer base supplying steel mills in Austria, Slovakia, the Czech Republic, Germany and other European states, as well as in China, India, Japan, Taiwan and South Korea.

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.