Ark ETF Stocks Forecast Portfolio Based on Machine Learning: Returns up to 42.12% in 1 Month

Ark ETF Stocks Forecast Portfolio

This Ark ETF Stocks Forecast Portfolio is part of the Ark’s Top 10 Package, as one of I Know First’s quantitative investment solutions. Investors generally utilize the I Know First advanced self-learning algorithm to take advantage of Ark’s proven investing strategy. The full Top 10 Akr’s Stocks Package includes the best stocks identified by the algorithm that are currently in Ark’s portfolio:

  • Top 10 Ark’s stocks for long position
  • Top 10 Akr’s stocks for short position

Package Name: Ark ETF
Recommended Positions: Long
Forecast Length: 1 Month (5/5/23 – 6/5/23)
I Know First Average: 9.42%
Ark ETF Stocks Forecast Portfolio
Ark ETF Stocks Forecast Portfolio chart

In this 1 Month forecast for the Ark ETF Package, there were many high performing trades and the algorithm correctly predicted 8 out of 10 trades. NVDA was the highest-earning trade with a return of 42.12% in 1 Month. IOVA and CRSP followed with returns of 20.0% and 18.68% for the 1 Month period. The package had an overall average return of 9.42%, providing investors with a 4.19% premium over the S&P 500’s return of 5.23% 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.