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 to buy for the long position
• Top 10 European stocks to buy for the short position

Package Name: By Region – European Socks
Recommended Positions: Long
Forecast Length: 3 Days (09/21/2018 – 09/25/2018)
I Know First Average: 2.41%

5 out of 10 stock prices in this forecast for the By Region – European Socks Package moved as predicted by the algorithm. ACAA.L was our best stock pick this week a return of 14.91%. FXPO.L and KAZ.L followed with returns of 8.83% and 6.74% for the 3 Days period. The package saw an overall yield of 2.41% versus the S&P 500’s return of -0.52% implying a market premium of 2.93%.

Acacia Mining plc is primarily engaged in the business of mining, processing and sale of gold. The Company has three operating mines located in Tanzania. The Company’s segments are North Mara gold mine, Bulyanhulu gold mine and Buzwagi gold mine. The North Mara gold deposits are situated in the Mara Musoma greenstone belt. The North Mara gold mine is a combined open pit and underground operation from two deposits, Gokona (underground) and Nyabirama (open pit). The Bulyanhulu is a narrow-vein gold mine containing gold, silver and copper mineralization in sulfides. The Buzwagi is a shear-hosted quartz-veined deposit, hosted in porphyritic granite. The Buzwagi mine is a low grade bulk deposit with a single large open pit. It also has a portfolio of exploration projects located across Africa. The Company primarily produces gold in Tanzania. In addition, the Company produces copper and silver as co-products.

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.