ETF To Buy Based on Artificial Intelligence: Returns up to 51.66% in 1 Year
ETF To Buy
This ETF To Buy 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: 1 Year (3/24/24 – 3/24/25)
I Know First Average: 11.14%
Several predictions in this 1 Year forecast saw significant returns. The algorithm has correctly predicted 8 out of 10 stock movements. The greatest return came from FAS at 51.66%. IYG and KIE saw outstanding returns of 22.32% and 19.11%. The package saw an overall yield of 11.14% versus the S&P 500’s return of 10.19% implying a market premium of 0.95%.
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.