Best ETF To Buy Based on a Self-learning Algorithm: Returns up to 96.29% in 1 Year
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: 1 Year (2/18/24 – 2/18/25)
I Know First Average: 31.83%
During the 1 Year forecasted period several picks in the ETFs Forecast Package saw significant returns. The algorithm has correctly predicted 9 out of 10 returns. The top-performing prediction in this forecast was FAS, which registered a return of 96.29%. Additional high returns came from TQQQ and SSO, at 57.45% and 40.37% respectively. The overall average return in this ETFs Forecast package was 31.83%, providing investors with a 9.58% premium over the S&P 500’s return of 22.25% during 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.
