Italian Stocks

This 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 Italian stocks with bullish and bearish signals:

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

Package Name: By Country – Italian Stocks
Recommended Positions: Long
Forecast Length: 14 Days (06/18/2019 – 07/02/2019)
I Know First Average: 6.16%

The algorithm correctly predicted 9 out 10 of the suggested trades in the By Country – Italian Stocks Package for this 14 Days forecast. LDO.MI was the highest-earning trade with a return of 14.87% in 14 Days. Additional high returns came from STM.MI and PRY.MI, at 14.43% and 8.67% respectively. The package had an overall average return of 6.16%, providing investors with a 2.44% premium over the FTSE MIB’s return of 3.72% during the period.

La Doria SpA is an Italy-based company engaged in the production and marketing of food products. The Company is primarily active in the manufacture of canned products and juices. The Company structures its business into four main lines of products: Tomatoes, which includes tomato-based products, such as peeled tomatoes, chopped tomatoes, cherry tomatoes and tomato puree; Fruit Juices, which offers fruit juices, nectars and tea beverages; Sauces, which include tomato, meat, pesto and white sauces, and Pulses, which comprises canned beans, chick peas and lentils, as well as soups. Additionally, it is involved in the manufacture of canned tuna, pasta and boxes of chocolate, among others. The Company operates through five production units and it distributed its products in Italy and abroad, particularly in the United Kingdom and Scandinavian countries.

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.