ETF Forecast Based on a Self-learning Algorithm: Returns up to 94.89% in 1 Year

ETF Forecast

This ETF Forecast 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: 1 Year (10/1/23 – 10/1/24)
I Know First Average: 42.13%
ETF Forecast
ETF Forecast chart

Several predictions in this 1 Year forecast saw significant returns. The algorithm has correctly predicted 10 out of 10 stock movements. The prediction with the highest return was TQQQ, at 94.89%. SSO and XHB had notable returns of 65.77% and 62.35%. The package itself saw an overall return of 42.13%, providing investors with a 9.00% premium above the S&P 500’s return of 33.13% for the same time period.

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.