ETF Forecast Based on Machine Learning: Returns up to 14.0% 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 (12/21/22 – 1/4/23)
I Know First Average: 4.93%
ETF Forecast
ETF Forecast chart

In this 14 Days forecast for the ETFs Forecast Package, there were many high performing trades and the algorithm correctly predicted 8 out of 10 trades. FXI was the highest-earning trade with a return of 14.0% in 14 Days. GXC and GDXJ also performed well for this time horizon with returns of 10.88% and 8.39%, respectively. With these notable trade returns, the package itself registered an average return of 4.93% compared to the S&P 500’s return of 0.82% for the same 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.