ETF Sectors Forecast

This ETF Sectors Forecast forecast is part of the ETF Sectors Package, as one of I Know First’s quantitative investment solutions. Sector Investing An investor or portfolio that invests assets into one or more sector of the economy. The Global Industry Classification Standard (GICS) consists of 11 sectors: Communication Services, Consumer Discretionary, Consumer Staples, Energy, Financials, Health Care, Industrials, Information Technology, Materials, Real Estate, and Utilities. 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 Sectors Forecast
Recommended Positions: Long
Forecast Length: 1 Month (11/14/23 – 12/14/23)
I Know First Average: 9.07%

For this 1 Month forecast the algorithm has successfully predicted 10 out of 10 movements. The top performing prediction from this package was XLRE with a return of 18.74%. XLF and XLB saw outstanding returns of 10.96% and 10.54%. The package itself saw an overall return of 9.07%, providing investors with a 2.09% premium above the S&P 500’s return of 6.98% for the same time 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.