Neural Network Time Series Forecasting of Financial Markets

This forecast is part of the “By Region” package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

• Top ten European stocks picks to long
• Top ten European stocks picks to short

Package Name: “By region” Package – European Forecast
Recommended Positions: Long
Forecast Length: 1 Month (10/16/2015 – 11/16/2015)
I Know First Average: 5.52%

The top performing stock from the 1 month “By region” Package (Europe) forecast from 10/16/2015 was MRK.DE It had an outstanding return of 20.54% during the predicted time horizon. Other stocks with remarkable returns were FRE.DE and DTE.L. They had noteworthy returns of 20.54% and 13.43% respectively in just one month. The I Know First average return from the forecast was 5.52%, which offered a significant advantage to investors over the S&P 500 return of 1.45% during the same time period.

Merck KGaA is a Germany-based company engaged in the pharmaceutical industry. The Company diversifies its activities into four business divisions: Merck Serono; Consumer Health; Merck Millipore, and Performance Materials. Within the Merck Serono division, the Company focuses on therapeutic areas and prescription drugs of chemical and biotechnological origin.

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 algorithmic traders.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.