European ETF Based on Pattern Recognition: Returns up to 65.96% 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 (6/26/2020 – 7/27/2020)
I Know First Average: 12.48%
European ETF
European ETF chart

10 out of 10 stock prices in this forecast for the European ETFs Forecast Package moved as predicted by the algorithm. The prediction with the highest return was LLEA.MI, at 65.96%. XLDX.MI and DEL2.MI saw outstanding returns of 11.0% and 10.2%. The package had an overall average return of 12.48%, providing investors with a 11.30% premium over the Euronext 100 return of 1.18% 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.