European ETFs Based on Deep Learning: Returns up to 66.07% in 1 Year

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: 1 Year (3/7/2019 – 3/7/2020)
I Know First Average: 18.55%
European ETFs
European ETFs chart

9 out of 10 stock prices in this forecast for the European ETFs Forecast Package moved as predicted by the algorithm. The top performing prediction from this package was PHPD.MI with a return of 66.07%. Other notable stocks were LTNOW.MI and CSNDX.MI with a return of 22.84% and 19.77%. The package had an overall average return of 18.55%, providing investors with a 21.60% premium over the Euronext 100 return of -3.05% during the period.

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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.