Italian Stocks Based on Pattern Recognition: Returns up to 16.9% in 1 Month

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 Month (5/7/21 – 6/7/21)
I Know First Average: 6.56%
Italian Stocks
Italian Stocks chart

The algorithm correctly predicted 9 out 10 of the suggested trades in the By Country – Italian Stocks Package for this 1 Month forecast. The prediction with the highest return was CRDI.MI, at 16.9%. BRBI.MI and MS.MI saw outstanding returns of 8.9% and 7.4%. The package had an overall average return of 6.56%, providing investors with a 1.13% premium over the FTSE MIB’s return of 5.43% 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.