ETF Forecast Based on Artificial Intelligence: Returns up to 104.3% 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 (1/21/24 – 1/21/25)
I Know First Average: 30.02%
In this 1 Year forecast for the ETFs Forecast Package, there were many high performing trades and the algorithm correctly predicted 10 out of 10 trades. FAS was the top performing prediction with a return of 104.3%. The suggested trades for TQQQ and SSO also had notable 1 Year yields of 54.97% and 46.23%, respectively. This algorithmic forecast package presented an overall return of 30.02% versus the S&P 500’s performance of 24.99% providing a market premium of 5.03%.
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.