Spain Stocks Based on Artificial Intelligence: Returns up to 10.75% in 7 Days

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: 7 Days (8/9/2020 – 8/17/2020)
I Know First Average: 2.44%
Spain Stocks
Spain Stocks chart

7 out of 10 stock prices in this forecast for the By Country – Spanish Stocks Package moved as predicted by the algorithm. The highest trade return came from SGREN.MC, at 10.75%. SABE.MC, and FER.MC had notable returns of 4.63% and 2.68%. The package had an overall average return of 2.44%, providing investors with a 0.43% premium over the IBEX 35 COMPOSITE’s return of 2.01% 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.