European ETFs Based on Algorithmic Trading: Returns up to 11.8% in 14 Days

May 12, 2022

European ETFs

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 ETFs 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 (4/27/22 – 5/11/22)
I Know First Average: 5.25%
European ETFs
European ETFs chart

During the 14 Days forecasted period several picks in the European ETFs Forecast Package saw significant returns. The algorithm had correctly predicted 8 out of 10 returns. The prediction with the highest return was SIMT.MI, at 11.8%. The suggested trades for LPET.MI and LOIL.MI also had notable 14 Days yields of 9.83% and 7.58%, respectively. The package had an overall average return of 5.25%, providing investors with a 7.43% premium over the Euronext 100 return of -2.18% 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.

European ETFs Forecast