Italian Stocks Based on a Self-learning Algorithm: Returns up to 11.21% in 7 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 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: 7 Days (6/2/22 – 6/9/22)
I Know First Average: 5.15%
Italian Stocks
Italian Stocks chart

During the 7 Days forecasted period several picks in the By Country – Italian Stocks Package saw significant returns. The algorithm had correctly predicted 8 out of 10 returns. LPET.MI was the highest-earning trade with a return of 11.21% in 7 Days. LBRT.MI and LOIL.MI saw outstanding returns of 10.9% and 9.9%. The package had an overall average return of 5.15%, providing investors with a 7.24% premium over the FTSE MIB’s return of -2.09% during the period.

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.