Commodity Prediction Based on Data Mining: Returns up to 5.99% in 7 Days

Commodity Prediction

This Commodity Prediction is designed for investors who need commodity recommendations to find the best-performing commodities in the industry. It includes 20 commodities 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: Commodities
Forecast Length: 7 Days (01/04/2017 – 01/11/2017)
I Know First Average: 2.19%
Commodity Prediction

9 out of 10 stock prices in this forecast for the Commodities Package moved as predicted by the algorithm. XPD was our best stock pick this week a return of 5.99%. XPT and GDX followed with returns of 3.76% and 3.72% for the 7 Days period. The package had an overall average return of 2.19% during the period.

Palladium (XPD), is a chemical element found in 1803, that is one of rarest metals used for industrial and electronic purposes. It is traded using future/forward contract for purpose of exposure to the metal.

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

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