European Stock ETF Based on Artificial Intelligence: Returns up to 6.79% in 3 Months

European Stock 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 Stock 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: 3 Months (03/17/2019 – 06/17/2019)
I Know First Average: 3.09%
European Stock ETF

This European ETFs Forecast Package forecast had correctly predicted 8 out of 10 stock movements. The top performing prediction from this package was CL2.MI with a return of 6.79%. XS2L.MI, and LTNOW.MI had notable returns of 5.23% and 4.63%. The package had an overall average return of 3.09%, providing investors with a 2.86% premium over the Euronext 100 return of 0.23% during the period.

AMUNDI ETF LEVERAGED MSCI USA DAILY is an open-end UCITS compliant Exchange Traded Fund incorporated in France. The Fund’s objective is to replicate, as closely as possible, the performance of the MSCI USA Leveraged 2x Strategy Index The price of a unit in the AMUNDI ETF LEVERAGED MSCI USA is approximately 1x the MSCI USA Leveraged 2x Index in Euros.

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.