Best ETF To Buy Based on Big Data Analytics: Returns up to 6.26% 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 (10/5/21 – 10/12/21)
I Know First Average: 3.3%
Best ETF To Buy
Best ETF To Buy chart

In this 7 Days forecast for the ETFs Forecast Package, there were many high performing trades and the algorithm correctly predicted 10 out of 10 trades. The top performing prediction from this package was FAS with a return of 6.26%. Other notable stocks were EIDO and IDX with a return of 5.95% and 4.79%. The package’s overall average return was 3.3%, providing investors with a 2.13% premium over the S&P 500’s return of 1.17% 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.