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 ETF 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: 3 Days (05/31/2019 – 06/03/2019)
I Know First Average: 3.98%

For this 3 Days forecast the algorithm had successfully predicted 8 out of 10 movements. The highest trade return came from NUGT, at 25.41%. The suggested trades for EIDO and IDX also had notable 3 Days yields of 3.89% and 3.74%, respectively. The overall average return in this ETFs Forecast package was 3.98%, providing investors with a 5.57% premium over the S&P 500’s return of -1.59% during the same period.

Direxion Daily Gold Miners Bull 2x Shares

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