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 (5/7/21 – 5/15/21)
I Know First Average: 1.61%

In this 7 Days forecast for the ETFs Forecast Package, there were many high-performing trades, and the algorithm correctly predicted 9 out of 10 trades. The greatest return came from OIH at 5.24%. The suggested trades for XOP and FAS also had notable 7 Days yields of 2.17% and 1.62%, respectively. The package saw an overall yield of 1.61% versus the S&P 500’s return of -0.66% implying a market premium of 2.27%.

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.