ETF To Buy Based on Artificial Intelligence: Returns up to 84.99% 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 (9/15/23 – 9/16/24)
I Know First Average: 35.71%
In this 1 Year forecast for the ETFs Forecast Package, there were many high performing trades and the algorithm correctly predicted 10 out of 10 trades. The highest trade return came from FAS, at 84.99%. TQQQ and XHB also performed well for this time horizon with returns of 58.59% and 49.34%, respectively. The package saw an overall yield of 35.71% versus the S&P 500’s return of 25.04% implying a market premium of 10.67%.
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.