Etf Forecast Based on Artificial Intelligence: Returns up to 13.30% in 1 Month

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 Month (07/30/2017 – 08/30/2017)
I Know First Average: 4.04%
Etf Forecast

In this 1 Month forecast for the ETFs Forecast Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 stocks. The top-performing prediction in this forecast was NUGT, which registered a return of 13.30%. Other notable stocks were EWZ and GDX with a return of 6.95% and 5.46%. The package had an overall average return of 4.04%, providing investors with a premium of 4.63% over the S&P 500’s return of -0.59% during the same period.

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.

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