Stock Ideas

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 stock ideas 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

Package Name: By Region – European Socks
Recommended Positions: Long
Forecast Length: 3 Months (09/04/2016 – 12/04/2016)
I Know First Average: 23.50%

In this 3 Months forecast for the By Region – European Socks Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 stocks. The top-performing prediction in this forecast was MTL, which registered a return of 152.34%. Other notable stocks were GLEN.L and MT with a return of 52.90% and 29.47%. The package had an overall average return of 23.50%, providing investors with a premium of 22.95% over the S&P 500’s return of 0.55% 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 build 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.