Stock Picking Algorithms

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 Spanish stocks with bullish and bearish signals:

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

Package Name: By Country – Spanish Stocks
Recommended Positions: Long
Forecast Length: 1 Month (03/30/2018 – 04/30/2018)
I Know First Average: 6.33%

Several predictions in this long-term 1 Month forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. ACS.MC was the top performing prediction with a return of 10.68%. REP.MC and SGREN.MC saw outstanding returns of 9.95% and 9.52%. With these notable trade returns, the package itself registered an average return of 6.33% compared to the S&P 500’s return of 0.27% for the same period.

Acs Actividades de Construccion y Servicios SA, formerly ACS Actividades de Construccion y Servicios SA, is a Spain-based holding company primarily engaged in the construction and engineering sector, as well as communications. The Company’s business is divided into three segments: Construction, which includes civil construction works, residence and non-residential building, concession activity, mining and real estate; Industrial Services, involved in engineering, installation and maintenance of industrial infrastructure in energy, communication and controlling system sectors; and Environment, which comprises such services as street cleaning, waste collection and transportation, waste recycling, commercial and industrial management of water circulation and urban gardening.

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.