Best ETF To Buy Based on AI: Returns up to 7.96% in 7 Days

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: 7 Days (4/12/22 – 4/19/22)
I Know First Average: 3.25%
Best ETF To Buy
Best ETF To Buy chart

9 out of 10 stock prices in this forecast for the ETFs Forecast Package moved as predicted by the algorithm. The top performing prediction from this package was XME with a return of 7.96%. Further notable returns came from OIH and XOP at 7.33% and 4.63%, respectively. With these notable trade returns, the package itself registered an average return of 3.25% compared to the S&P 500’s return of 1.13% 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.