ETF To Buy Based on Deep-Learning: Returns up to 16.5% 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 (7/1/2020 – 7/15/2020)
I Know First Average: 7.46%
ETF To Buy
ETF To Buy chart

During the 14 Days forecasted period several picks in the ETFs Forecast Package saw significant returns. The algorithm had correctly predicted 10 out 10 returns. The greatest return came from TQQQ at 16.5%. Further notable returns came from NUGT and SSO at 10.9% and 8.7%, respectively. The package itself saw an overall return of 7.46%, providing investors with a 3.39% premium above the S&P 500’s return of 4.07% for the same time 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.