Spain Stocks Based on Deep-Learning : Returns up to 3.3% in 3 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: 3 days (7/12/2019 – 7/16/2019)
I Know First Average: 1.86%
Spain Stocks
Spain Stocks chart

In this 3 days forecast for the By Country – Spanish Stocks Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. GRLS.MC was the highest-earning trade with a return of 3.3% in 3 days. BKT.MC and ACS.MC also performed well for this time horizon with returns of 2.98% and 2.78%, respectively. The package had an overall average return of 1.86%, providing investors with a 0.82% premium over the IBEX 35 COMPOSITE’s return of 1.04% 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.