Best European Stocks Based on Machine Learning: Returns up to 29.44% in 3 Months
Best European Stocks
This European Stocks forecast is part of the By Region Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 best European stocks based on artificial intelligence with bullish and bearish signals:
- Top 10 European stocks for the long position
- Top 10 European stocks for the short position
Package Name: By Region – European Stocks
Recommended Positions: Long
Forecast Length: 3 Months (8/30/23 – 11/30/23)
I Know First Average: 6.4%
For this 3 Months forecast the algorithm has successfully predicted 8 out of 10 movements. PNDORA.CO was our best stock pick with a return of 29.44%. LOGN.S and ADEN.S followed with returns of 25.77% and 11.36% for the 3 Months period. The package had an overall average return of 6.4%, providing investors with a 6.91% premium over the Euronext 100 return of -0.51% 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.