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: 1 Month (11/3/2019 – 12/3/2019)
I Know First Average: 2.28%

In this 1 Month forecast for the ETFs Forecast Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. The top performing prediction from this package was FBT with a return of 10.51%. Other notable stocks were TQQQ and XME with a return of 3.34% and 2.51%. With these notable trade returns, the package itself registered an average return of 2.28% compared to the S&P 500’s return of 0.86% for the same period.

The investment seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of an equity index called the NYSE Arca Biotechnology IndexSM. The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is an equal-dollar weighted index designed to measure the performance of a cross section of companies in the biotechnology industry that are primarily involved in the use of biological processes to develop products or provide services.

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.