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 (5/2/21 – 5/10/21)
I Know First Average: 5.1%

The algorithm correctly predicted 9 out 10 of the suggested trades in the By Country – Spanish Stocks Package for this 7 Days forecast. The highest trade return came from SABE.MC, at 25.71%. ITX.MC and BKT.MC followed with returns of 6.08% and 5.64% for the 7 Days period. The package had an overall average return of 5.1%, providing investors with a 1.36% premium over the IBEX 35 COMPOSITE’s return of 3.74% 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.