ETF To Buy Based on a Self-learning Algorithm: Returns up to 26.97% in 3 Days

ETF To Buy

This ETF forecast is part of the ETFs Package, as one of I Know First’s quantitative investment solutions. We determine the top ETF to buy 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 Days (6/5/2020 – 6/8/2020)
I Know First Average: 9.47%
ETF To Buy
ETF To Buy chart

This ETFs Forecast Package forecast had correctly predicted 10 out of 10 stock movements. The highest trade return came from OIH, at 26.97%. FAS, and EWZ had notable returns of 15.9% and 9.69%. The package had an overall average return of 9.47%, providing investors with a 5.61% premium over the S&P 500’s return of 3.86% during the 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.