Commodity Outlook Based on Artificial Intelligence: Returns up to 16.02% in 1 Month

Commodity Outlook

This Commodities Package is designed for investors who need commodity recommendations to find the best performing commodities in the industry. It includes 20 Commodity Outlook with bullish or bearish signals indicating which are best to buy:

    • Top 10 commodities for the long position
    • Top 10 commodities for the short position

Package Name: Commodities
Recommended Positions: Long
Forecast Length: 1 Month (06/12/2019 – 07/12/2019)
I Know First Average: 4.01%
Commodity Outlook

For this 1 Month forecast the algorithm had successfully predicted 8 out of 10 movements. The highest trade return came from GDX, at 16.02%. The suggested trades for ICE_KC1 and ^JPLAT also had notable 1 Month yields of 8.45% and 5.85%, respectively. The package had an overall average return of 4.01% during the period.
VanEck Vectors Gold Miners ETF (GDX), is an ETF investment fund that seeks to replicate, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index. The fund normally invests at least 80% of its total assets in common stocks and depositary receipts of companies involved in the gold mining industry.

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 Commodity Forecast: The table on the left is the commodity forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 commodities in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant tickers have been included. The boxes are then 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.