Best ETF To Buy Based on Big Data: Returns up to 120.23% in 3 Months

Best ETF To Buy

This 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 (3/29/2020 – 6/30/2020)
I Know First Average: 35.02%
Best ETF To Buy
Best ETF To Buy chart

For this 3 Months forecast the algorithm had successfully predicted 9 out of 10 movements. TQQQ was our best stock pick this week a return of 120.23%. VGT and QQQ saw outstanding returns of 34.05% and 33.62%. The package had an overall average return of 35.02%, providing investors with a premium of 13.03% over the S&P 500’s return of 21.99% during the same period.

The ProShares UltraPro QQQ provides 3x leveraged exposure to a modified market-cap-weighted index tracking 100 of the largest nonfinancial firms listed on NASDAQ.

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.