ETF To Buy Based on Big Data: Returns up to 25.09% 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 (6/21/2020 – 7/21/2020)
I Know First Average: 7.99%
ETF To Buy
ETF To Buy chart

Several predictions in this 1 Month forecast saw significant returns. The algorithm had correctly predicted 10 out 10 stock movements. TQQQ was the top performing prediction with a return of 25.09%. SSO and EWI followed with returns of 10.48% and 9.29% for the 1 Month period. With these notable trade returns, the package itself registered an average return of 7.99% compared to the S&P 500’s return of 5.15% for the same period.

The ProShares UltraPro QQQ provides 3x leveraged exposure to a modified market-cap-weighted index tracking 100 of the largest nonfinancial firms listed on NASDAQ.

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.