Best ETF To Buy Based on a Self-learning Algorithm: Returns up to 16.52% in 3 Months

Best ETF To Buy

This Best ETF To Buy 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 ETFs with bullish and bearish signals:

  • Top 10 ETFs for the long position
  • Top 10 ETFs for the short position

Package Name: ETFs Forecast
Recommended Positions: Long
Forecast Length: 3 Months (2/22/24 – 5/22/24)
I Know First Average: 8.47%
Best ETF To Buy
Best ETF To Buy chart

For this 3 Months forecast the algorithm has successfully predicted 10 out of 10 movements. TQQQ was the highest-earning trade with a return of 16.52% in 3 Months. The suggested trades for FAS and SSO also had notable 3 Months yields of 15.01% and 11.68%, respectively. With these notable trade returns, the package itself registered an average return of 8.47% compared to the S&P 500’s return of 6.53% for the same 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.