Italian Stocks Based on Algorithmic Trading: Returns up to 114.98% in 1 Year
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: 1 Year (10/27/20 – 10/27/21)
I Know First Average: 61.01%
I Know First’s State of the Art Algorithm accurately forecasted 10 out of 10 trades in this By Country – Italian Stocks Package for the 1 Year time period. The top performing prediction from this package was CNHI.MI with a return of 114.98%. BAMI.MI and FCHA.MI also performed well for this time horizon with returns of 81.15% and 79.69%, respectively. The package had an overall average return of 61.01%, providing investors with a 18.65% premium over the FTSE MIB’s return of 42.36% 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.