ETF To Buy Based on Big Data Analytics: Returns up to 29.61% in 1 Month

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 Month (1/31/21 – 3/1/21)
I Know First Average: 12.26%
ETF To Buy
ETF To Buy chart

For this 1 Month forecast the algorithm had successfully predicted 9 out of 10 movements. The top performing prediction from this package was OIH with a return of 29.61%. Additional high returns came from XOP and USO, at 28.23% and 15.41% respectively. With these notable trade returns, the package itself registered an average return of 12.26% compared to the S&P 500’s return of 5.05% for the same 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.