Italian Stocks Based on Artificial Intelligence: Returns up to 6.78% in 14 Days

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 40 Italian stocks with bullish and bearish signals:

  • Top 20 Italian stocks for the long position
  • Top 20 Italian stocks for the short position

Package Name: By Country – Italian Stocks
Recommended Positions: Long
Forecast Length: 14 Days (06/23/2019 – 07/08/2019)
I Know First Average: 2.95%
Italian Stocks

I Know First’s State of the Art Algorithm accurately forecasted 19 out of 20 trades in this By Country – Italian Stocks Package for the 14 Days time period. The greatest return came from CRDI.MI at 6.78%. CNHI.MI and BAMI.MI also performed well for this time horizon with returns of 6.69% and 6.51%, respectively. The package had an overall average return of 2.95%, providing investors with a 2.09% premium over the FTSE MIB’s return of 0.86% during the period.

UniCredit SpA is an Italy-based holding company engaged in the financial sector. Its division model is based on seven business lines: Commercial Banking Italy, Central and Eastern Europe (CEE), Corporate and Investment Banking (CIB), Commercial Banking Germany, Commercial Banking Austria and Fineco. UniCredit SpA offers banking and financial services for families, individuals and corporate clients, such as accounts, loans, mortgages, investments, wealth management, as well as financial advice and insurance products, among others. Through numerous subsidiaries, the Company operates in the domestic market, Germany, Austria and CEE.

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 20 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.