Italian Stocks Based on a Self-learning Algorithm: Returns up to 11.49% 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 (5/5/2020 – 5/12/2020)
I Know First Average: 4.64%
Italian Stocks
Italian Stocks chart

In this 7 Days forecast for the By Country – Italian Stocks Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. The top-performing prediction in this forecast was PRY.MI, which registered a return of 11.49%. RECI.MI and FBK.MI followed with returns of 9.22% and 8.16% for the 7 Days period. The package had an overall average return of 4.64%, providing investors with a 1.57% premium over the FTSE MIB’s return of 3.07% 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.