Spain 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 Spain stocks with bullish and bearish signals:

• Top 10 Spanish stocks for the long position
• Top 10 Spanish stocks for the short position

Package Name: By Country – Spanish Stocks
Recommended Positions: Long
Forecast Length: 14 Days (7/2/2020 – 7/16/2020)
I Know First Average: 7.11%

9 out of 10 stock prices in this forecast for the By Country – Spanish Stocks Package moved as predicted by the algorithm. The prediction with the highest return was SGREN.MC, at 16.31%. Further notable returns came from BKIA.MC and CABK.MC at 16.1% and 10.7%, respectively. The package had an overall average return of 7.11%, providing investors with a 3.69% premium over the IBEX 35 COMPOSITE’s return of 3.42% 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.