ETF Forecast Based on Stock Prediction Algorithm: Returns up to 102.76% in 3 Months

ETF Forecast

This ETF 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 Months (4/12/2020 – 7/13/2020)
I Know First Average: 31.97%
ETF Forecast
ETF Forecast chart

In this 3 Months forecast for the ETFs Forecast Package, there were many high performing trades and the algorithm correctly predicted 10 out 10 trades. TQQQ was our best stock pick this week a return of 102.76%. Additional high returns came from GDXJ and QQQ, at 44.01% and 28.72% respectively. The package saw an overall yield of 31.97% versus the S&P 500’s return of 13.1% implying a market premium of 18.87%.

The ProShares UltraPro QQQ provides 3x leveraged exposure to a modified market-cap-weighted index tracking 100 of the largest nonfinancial firms listed on NASDAQ.

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.