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: 7 Days (05/22/2018 – 05/29/2018)
I Know First Average: 9.07%

For this 7 Days forecast the algorithm had successfully predicted 9 out of 10 movements. The highest trade return came from IT3S.MI, at 24.13%. The suggested trades for LCTO.MI and XBRMIB.MI also had notable 7 Days yields of 16.53% and 15.72%, respectively. The overall average return in this ETFs Forecast package was 9.07%, providing investors with a 10.65% premium over the S&P 500’s return of -1.58% during the same period.

ETFS 3x Daily Short FTSE MIB (IT3S) is designed to enable investors to gain a three times daily leveraged ‘short’ exposure to FTSE MIB Total Return Index (FTSE MIB) by tracking the FTSE MIB Daily Ultra Short Strategy RT Gross TR Index (the “Index”). A three times daily leveraged short exposure means that the product is designed to reflect minus three times the daily percentage change in the FTSE MIB. For example, if the FTSE MIB was to rise in value by 5% on a particular day, the product would decrease in value by 15% on that day (before fees, expenses and adjustments). IT3S is an exchange traded product (“ETP”). It is not a UCITS. Securities in this ETP are structured as debt securities and not as shares (equity) and can be created and redeemed on demand by authorised participants and are traded on exchange just like shares in a company. The ETP is backed by swaps.

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.