ETF Industries Forecast Based on Pattern Recognition: Returns up to 16.02% in 1 Month

ETF Industries Forecast

This ETF Industries Forecast forecast is part of the ETF Industries Package, as one of I Know First’s quantitative investment solutions. Industry sector ETFs invest in the stocks and securities of specific industry sectors, such as energy, biotechnology, or chemicals. 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: ETF Industries Forecast
Recommended Positions: Long
Forecast Length: 1 Month (12/8/23 – 1/8/24)
I Know First Average: 6.91%
ETF Industries Forecast
ETF Industries Forecast chart

I Know First’s State of the Art Algorithm accurately forecasted 10 out of 10 trades in this ETF Industries Forecast Package for the 1 Month time period. The greatest return came from XBI at 16.02%. XHE and KBE saw outstanding returns of 9.95% and 7.96%. With these notable trade returns, the package itself registered an average return of 6.91% compared to the S&P 500’s return of 3.88% 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.