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 Spanish stocks with bullish and bearish signals and indicates Spain stocks to buy:

• 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 (6/23/2020 – 7/7/2020)
I Know First Average: 2.26%

During the 14 Days forecasted period several picks in the By Country – Spanish Stocks Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. The highest trade return came from SGREN.MC, at 9.84%. Other notable stocks were BKIA.MC and CABK.MC with a return of 8.64% and 6.5%. The package had an overall average return of 2.26%, providing investors with a 0.88% premium over the IBEX 35 COMPOSITE’s return of 1.38% 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.