ETF To Buy Based on Genetic Algorithms: Returns up to 21.7% in 14 Days

ETF To Buy

This forecast is part of the ETFs Package, as one of I Know First’s quantitative investment solutions. We determine the top ETF to buy 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 (8/21/2019 – 9/4/2019)
I Know First Average: 5.04%
ETF To Buy
ETF To Buy chart

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this ETFs Forecast Package for the 14 Days time period. NUGT was the highest-earning trade with a return of 21.7% in 14 Days. SLV and GDX followed with returns of 14.27% and 7.28% for the 14 Days period. The package had an overall average return of 5.04% during the period implying premium of 3.76% over S&P 500’s reurn of 1.28%.

The investment fund, (NUGT), seeks daily investment results, before fees and expenses, of 300% of the performance of the NYSE Arca Gold Miners Index.

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.