Machine Learning Trading Based on Big Data: Returns up to 30.57% in 14 Days

February 7, 2017

Machine Learning Trading

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: 14 Days (01/23/2017 – 02/06/2017)
I Know First Average: 6.68%

In this 14 Days forecast for the Low Price High Volume Stocks Package, there were many high performing trades and the algorithm correctly predicted 10 out 10 stocks. The top-performing prediction in this forecast was NUGT, which registered a return of 30.57%. Other notable stocks were GDXJ and GDX with a return of 14.27% and 9.86%. The package had an overall average return of 6.68%, providing investors with a premium of 5.74% over the S&P 500’s return of 0.94% 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.