ETF Forecast Based on Artificial Intelligence: Returns up to 9.35% in 3 Days

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: 3 Days (6/11/24 – 6/14/24)
I Know First Average: 2.77%
ETF Forecast
ETF Forecast chart

The algorithm correctly predicted 9 out of 10 the suggested trades in the ETFs Forecast Package for this 3 Days forecast. The greatest return came from TQQQ at 9.35%. The suggested trades for VGT and IVW also had notable 3 Days yields of 5.01% and 3.24%, respectively. The ETFs Forecast package had an overall average return of 2.77%, providing investors with a premium of 1.45% over the S&P 500’s return of 1.32%.

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.