ETF To Buy Based on Big Data: Returns up to 13.8% in 14 Days

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: 14 Days (12/2/2020 – 12/16/2020)
I Know First Average: 6.62%
ETF To Buy
ETF To Buy chart

The algorithm correctly predicted 10 out 10 of the suggested trades in the ETFs Forecast Package for this 14 Days forecast. The greatest return came from OIH at 13.8%. XOP and XME followed with returns of 13.46% and 8.51% for the 14 Days period. This algorithmic forecast package presented an overall return of 6.62% versus S&P 500’s performance of 1.06% providing a market premium of 5.56%.

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.