ETF Forecast Based on Artificial Intelligence: Returns up to 59.92% in 1 Year

ETF Forecast

This 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 Year (04/03/2016 – 04/03/2017)
I Know First Average: 22.70%
ETF Forecast

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this ETFs Forecast Package for the 1 Year time period. The greatest return came from SLX at 59.92%. XME and EWZ also performed well for this time horizon with returns of 49.96% and 43.79%, respectively. The package itself saw an overall return of 22.70%, providing investors with a 8.90% premium above the S&P 500’s return of 13.80% for the same time period in this ETF forecast.

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel 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.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.