Best ETF To Buy Based on Predictive Analytics: Returns up to 8.06% in 3 Days

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 Days (5/29/2020 – 6/2/2020)
I Know First Average: 2.42%
Best ETF To Buy
Best ETF To Buy chart

9 out of 10 stock prices in this forecast for the ETFs Forecast Package moved as predicted by the algorithm. The top-performing prediction in this forecast was EWZ, which registered a return of 8.06%. The suggested trades for EWP and FAS also had notable 3 Days yields of 4.22% and 3.97%, respectively. The package itself saw an overall return of 2.42%, providing investors with a 0.73% premium above the S&P 500’s return of 1.69% for the same time period.

iShares MSCI Brazil Capped (EWZ) is an investment fund, which seeks to track the investment results of the MSCI Brazil 25/50 Index. The fund generally invests at least 95% of its assets in the securities of its underlying index and in depositary receipts (“DRs”) representing securities in its underlying 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.