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 (11/22/22 – 11/29/22)
I Know First Average: 1.68%

Several predictions in this 7 Days forecast saw significant returns. The algorithm has correctly predicted 9 out of 10 stock movements. The prediction with the highest return was TINM.MI, at 5.88%. USE3.MI and CNHI.MI also performed well for this time horizon with returns of 2.54% and 2.15%, respectively. The package had an overall average return of 1.68%, providing investors with a 1.23% premium over the FTSE MIB’s return of 0.45% 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.