Stock Forecasting Using Algorithms: Up To 15.18% Return in 14 Days

Stock Forecasting

This forecast is part of the “By Region” package, as one of I Know First’s algorithmic trading tools. The full forecast includes a daily predictions for a total of 20 stocks with bullish and bearish signals:

  • Top ten European stocks picks to long
  • Top ten European stocks picks to short

Package Name: “By region” Package – European Forecast
Recommended Positions:
 Long
Forecast Length: 14 Days (07/08/2015 – 07/22/2015)
I Know First Average: 10.28%

Get the “European Stock Market”-Package

stock forecasting

The top performing stock from the 14 Day “By region” Package (Europe) forecast from 07/08/2015 was Natixis (KN.PA). It had an outstanding return of 15.18% during the predicted time horizon. Other stocks with notable returns were Compagnie de Saint-Gobain S.A. (SGO.PA) and Air France-KLM SA (AF.PA). They had noteworthy returns of 12.80% and 12.14% respectively in just 14 days in agreement with the algorithm’s prediction. Casino, Guichard-Perrachon Société Anonyme (CO.PA) and Commerzbank AG (CBK.DE) also had solid returns of 11.39% and 11.15% respectively, as each of the 10 stocks increased in accordance with the algorithm’s prediction. The I Know First average return from the forecast was 10.28%, which offered a clear advantage to investors over the S&P 500 return of 1.58% during the same time period.

Natixis handles the corporate, investment, insurance and financial services responsibilities of the second-largest banking group in France, Groupe BPCE.  The powerful involvement Natixis took by participating in and planning for December’s COP21 conference coupled with the UK branch’s expanding business has signaled a healthy financial status and a dedication to the environment that more and more investors are looking for these days.  Their stock has steadily risen since these announcements.

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 algorithmic traders.

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