Ark ETF Stocks Forecast Portfolio Based on Pattern Recognition: Returns up to 19.31% in 7 Days

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: Short
Forecast Length: 7 Days (9/19/23 – 9/26/23)
I Know First Average: 9.61%
Ark ETF Stocks Forecast Portfolio
Ark ETF Stocks Forecast Portfolio chart

9 out of 10 top stock picks from the algorithm decreased as predicted for this 7 Days forecasting period. NVTA saw monumental price change of 19.31% in just 7 Days. FTCH and PACB also had excellent performances with returns of 17.35% and 14.98% respectively. Finally, good returns could also come from short positions held on the rest of successfully predicted assets, providing positive gains over the same forecast period. The package had an overall average return of 9.61%, providing investors with a premium of 13.65% over the S&P 500’s return of -4.04% during the same period.

Invitae Corporation (NVTA), a genetic information company, focuses on bringing comprehensive genetic information into mainstream medical practice to enhance the quality of healthcare. It processes DNA-containing samples, analyzes information about patient-specific genetic variation, and generates test reports for clinicians and their patients using an integrated portfolio of laboratory processes, software tools, and informatics capabilities. The company provides a diagnostic service comprising hundreds of genes for various genetic disorders associated with oncology, cardiology, neurology, pediatrics, and other rare disease areas. It also offers solutions that enable sharing of genetic information consisting of Invitae Family History Tool, a Web or iPad application, which provides family history; and Clinvitae, a Web property that allows physicians or patients to look up individual genes and variants in order to find out additional genetic information. It operates in the United States, Canada, Israel, and internationally. The company was formerly known as Locus Development, Inc. and changed its name to Invitae Corporation (NVTA) in 2012. The company was founded in 2010 and is headquartered in San Francisco, California.

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.