Best ETF To Buy

This ETF forecast is part of the ETFs Package, as one of I Know First’s quantitative investment solutions. We determine the best ETF to buy 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: 14 Days (7/12/2020 – 7/27/2020)
I Know First Average: 4.56%

In this 14 Days forecast for the ETFs Forecast Package, there were many high performing trades and the algorithm correctly predicted 6 out 10 trades. NUGT was the top performing prediction with a return of 29.34%. GDXJ and ADRE followed with returns of 18.01% and 5.92% for the 14 Days period. This algorithmic forecast package presented an overall return of 4.56% versus S&P 500’s performance of 1.71% providing a market premium of 2.85%.

The investment fund, (NUGT), seeks daily investment results, before fees and expenses, of 300% of the performance of the NYSE Arca Gold Miners Index.

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.