ETF To Buy Based on a Self-learning Algorithm: Returns up to 7.0% 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 ETFs by screening our database daily using our advanced algorithm. The full ETFs Package advices investors on the best ETF to buy and 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 (7/14/2020 – 7/17/2020)
I Know First Average: 2.58%
ETF To Buy
ETF To Buy chart

In this 3 Days forecast for the ETFs Forecast Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. The top performing prediction from this package was TAN with a return of 7.0%. Additional high returns came from FAS and KIE, at 6.79% and 5.46% respectively. The package saw an overall yield of 2.58% versus the S&P 500’s return of 2.2% implying a market premium of 0.38%.

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.