Italian Stocks Based on Pattern Recognition: Returns up to 14.01% in 14 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: 14 Days (4/29/22 – 5/14/22)
I Know First Average: 6.58%
Italian Stocks
Italian Stocks chart

Several predictions in this 14 Days forecast saw significant returns. The algorithm had correctly predicted 10 out of 10 stock movements. The greatest return came from SIMT.MI at 14.01%. Additional high returns came from LOIL.MI and LPET.MI, at 9.97% and 9.63% respectively. The package had an overall average return of 6.58%, providing investors with a 6.61% premium over the FTSE MIB’s return of -0.03% 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.