Short Term Capital Gains: 15.33% Return in 30 Days

National Bank of Greece (NBG): Short Term Capital Gains

NBG was a top stock based on predictive algorithm recommended to I Know First subscribers on August 8th for the 30 day time horizon. VPRT  had a strong signal of 174.19 and a predictability of 0.01. As predicted, VPRT reported strong short term capital gains of 15.33%.

NBG was part of the stock forecast that can be found in the “Best Bank Stocks”.  

The full Bank Stock Forecast Package includes a daily forecast for a total of 20 stocks:

  • Top 10 Bank stocks picks that best fit for long position
  • Top 10 Bank stocks picks that best fit for short position

NBG Quick Win

 

National Bank of Greece SA (the Bank) is a Greece-based financial institution. It provides a range of financial services including retail and commercial banking, asset management, brokerage, investment banking, insurance and real estate at a global level. Its segments are: Retail Banking, which mainly offers different types of loans, deposits and investment products; Corporate and Investment Banking, which includes financial and investment advisory services, deposit accounts, loans, foreighn exchange and trade service activities; Global Markets and Asset Management, which includes all treasury activities, private banking, asset management, custody services, private equity and brokerage; Insurance; International Banking Operations; Turkish Banking Operations, as well as Other. In September 2013, state-owned Hellenic Financial Stability Fund acquired an 84.39% interest in the Company. On December 30, 2013, it sold a 66% of its subsidiary National Pangaea REIC to Invel Real Estate II BV.

Before making any trading decisions, consult the latest forecast as the algorithm constantly updates predictions daily. While the algorithm can be used for intra-day trading the predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.

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