Daily European ETFs Market Forecast Based on Stock Market Algorithm: Returns up to 22.32% in 3 Months
Daily European ETFs Market Forecast
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 Daily European ETFs Market Forecast ETFs with bullish and bearish signals:
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- Top 10 European ETFs for the long position
- Top 10 European ETFs for the short position
Package Name: European ETFs Forecast
Recommended Positions: Long & Short
Forecast Length: 3 Months (02/15/2019 – 05/15/2019)
I Know First Average: 8.19% (Long) & 12.45% (Short)
During the 3 Months forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from EU3S.MI which registered a return of 22.32%. For the long positions the largest growth was registered by IT3L.MI with a return of 15.55%, during the same period. The package itself, had an overall average return of 8.19%, in the long position, providing a premium of 4.36% over the SP500’s return of 3.83%. With regards to the short position, the package had an overall average return of 12.45%, providing investors with a premium of 6.71% over S&P500’s return of 5.74%. The I Know First’s Stock Market Algorithm accurately forecasted 10 out of 10 stocks, for the long position, and 10 out of 10 stocks, for the short position for this 3 Months forecasted period.
ETFS 3x Daily Short Euro Stoxx 50® (UES3) is designed to enable investors to gain a three times daily leveraged ‘short’ exposure to EURO STOXX 50® EUR Gross Return (EURO STOXX 50) by tracking the EURO STOXX 50® Daily Short 3x EUR Gross Return (the “Index”). A three times daily leveraged short exposure means that the product is designed to reflect minus three times the daily percentage change in the EURO STOXX 50. For example, if the EURO STOXX 50 was to rise in value by 5% on a particular day, the product would decrease in value by 15% on that day (before fees, expenses and adjustments). UES3 is an exchange traded product (“ETP”). It is not a UCITS. Securities in this ETP are structured as debt securities and not as shares (equity) and can be created and redeemed on demand by authorised participants and are traded on exchange just like shares in a company. The ETP is backed by swaps.
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
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.