Best ETF To Buy Based on Pattern Recognition: Returns up to 14.98% 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 (12/19/21 – 12/27/21)
I Know First Average: 4.19%
Best ETF To Buy
Best ETF To Buy chart

The algorithm correctly predicted 10 out of 10 the suggested trades in the ETFs Forecast Package for this 7 Days forecast. The top-performing prediction in this forecast was TQQQ, which registered a return of 14.98%. FAS and XME followed with returns of 6.6% and 5.39% for the 7 Days period. The overall average return in this ETFs Forecast package was 4.19%, providing investors with a 0.50% premium over the S&P 500’s return of 3.69% 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.