European ETF Based on Artificial Intelligence: Returns up to 55.54% in 1 Year

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 Year (5/2/21 – 5/3/22)
I Know First Average: 11.86%
European ETF
European ETF chart

During the 1 Year forecasted period several picks in the European ETFs Forecast Package saw significant returns. The algorithm had correctly predicted 6 out of 10 returns. XDBC.MI was the highest-earning trade with a return of 55.54% in 1 Year. Other notable stocks were LALU.MI and ALMN.MI with a return of 49.48% and 36.03%. The package had an overall average return of 11.86%, providing investors with a 11.11% premium over the Euronext 100 return of 0.75% 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.