Spain Stocks

This Spain Stocks 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 Spanish 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: 1 Month (11/6/2020 – 12/7/2020)
I Know First Average: 25.62%

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this By Country – Spanish Stocks Package for the 1 Month time period. The top-performing prediction in this forecast was BBVA.MC, which registered a return of 64.06%. SAN.MC and TL5.MC saw outstanding returns of 55.39% and 45.57%. The package had an overall average return of 25.62%, providing investors with a 6.10% premium over the IBEX 35 COMPOSITE’s return of 19.52% 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.