ETF Forecast Based on Deep-Learning: Returns up to 13.34% in 14 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: 14 Days (5/13/22 – 5/28/22)
I Know First Average: 7.38%
ETF Forecast
ETF Forecast chart

Several predictions in this 14 Days forecast saw significant returns. The algorithm had correctly predicted 10 out of 10 stock movements. The top-performing prediction in this forecast was XLE, which registered a return of 13.34%. IXC and USO also performed well for this time horizon with returns of 12.92% and 7.86%, respectively. This algorithmic forecast package presented an overall return of 7.38% versus the S&P 500’s performance of 5.81% providing a market premium of 1.57%.

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.