European ETF Based on a Self-learning Algorithm: Returns up to 23.55% in 1 Month

European ETF

This forecast is part of the ETFs Package, as one of I Know First’s quantitative investment solutions. We determine the top ETFs by screening our database daily using our advanced algorithm. The full ETFs Package includes a daily forecast for a total of 20 European ETF ETFs with bullish and bearish signals:

  • Top 10 European ETFs for the long position
  • Top 10 European ETFs for the short position

Package Name: European ETFs Forecast
Recommended Positions: Long
Forecast Length: 1 Month (5/15/22 – 6/15/22)
I Know First Average: 5.25%
European ETF
European ETF chart

During the 1 Month forecasted period several picks in the European ETFs Forecast Package saw significant returns. The algorithm had correctly predicted 6 out of 10 returns. The greatest return came from LPET.MI at 23.55%. LBRT.MI and LOIL.MI saw outstanding returns of 18.74% and 18.05%. The package had an overall average return of 5.25%, providing investors with a 9.26% premium over the Euronext 100 return of -4.01% 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.