Italian Stocks Based on Big Data: Returns up to 3.53% in 3 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: 3 Days (7/1/22 – 7/4/22)
I Know First Average: 1.44%
Italian Stocks
Italian Stocks chart

For this 3 Days forecast the algorithm had successfully predicted 9 out of 10 movements. LPET.MI was our best stock pick with a return of 3.53%. SIMT.MI and UGAS.MI saw outstanding returns of 2.96% and 2.11%. The package had an overall average return of 1.44%, providing investors with a 1.15% premium over the FTSE MIB’s return of 0.29% 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.