ETF Outlook Based on Artificial Intelligence: Returns up to 5.46% in 3 Days

ETF Outlook

This forecast is part of the ETFs Package, as one of I Know First’s quantitative investment solutions. We determine the ETF outlook 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: 3 Days (05/26/2019 – 05/30/2019)
I Know First Average: 1.49%
ETF Outlook

For this 3 Days forecast the algorithm had successfully predicted 8 out of 10 movements. The highest trade return came from EWZ, at 5.46%. The suggested trades for IDX and DBA also had notable 3 Days yields of 3.14% and 2.95%, respectively. The overall average return in this ETFs Forecast package was 1.49%, providing investors with a 2.81% premium over the S&P 500’s return of -1.32% during the same period.

iShares MSCI Brazil Capped (EWZ) is an investment fund, which seeks to track the investment results of the MSCI Brazil 25/50 Index. The fund generally invests at least 95% of its assets in the securities of its underlying index and in depositary receipts (“DRs”) representing securities in its underlying 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.

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.