ETF Forecast Based on Stock Prediction Algorithm: Returns up to 5.53% in 7 Days

ETF Forecast

This ETF 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 (04/10/2017 – 04/17/2017)
I Know First Average: 1.51%
Etf Forecast

The algorithm correctly predicted 6 out 10 of the suggested trades in the ETFs Forecast Package for this 7 Days forecast. VXX was the highest-earning trade with a return of 5.53% in 7 Days. Additional high returns came from MORL and VNQ, at 4.35% and 2.13% respectively. The package had an overall average return of 1.51%, providing investors with a 1.79% premium over the S&P 500’s return of -0.28% during the period.

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.