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: 3 Months (2/23/23 – 5/23/23)
I Know First Average: 1.44%

In this 3 Months forecast for the European ETFs Forecast Package, there were many high performing trades and the algorithm correctly predicted 7 out of 10 trades. The highest trade return came from NDXH.MI, at 13.84%. Other notable stocks were CSKR.MI and IUES.MI with a return of 4.37% and 4.34%. The package had an overall average return of 1.44%, providing investors with a 0.61% premium over the Euronext 100 return of 0.83% 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.