European ETF Based on Big Data Analytics: Returns up to 12.84% in 14 Days

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: 14 Days (3/25/24 – 4/8/24)
I Know First Average: 2.94%
European ETF
European ETF chart

7 out of 10 stock prices in this forecast for the European ETFs Forecast Package moved as predicted by the algorithm. The highest trade return came from LCOP.MI, at 12.84%. ECECOP.MI and SEL.MI also performed well for this time horizon with returns of 6.5% and 4.58%, respectively. The package had an overall average return of 2.94%, providing investors with a 1.89% premium over the Euronext 100 return of 1.05% 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.