ETFs Forecast

ETFs 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 & Short
Forecast Length: 14 Days (12/20/2018 – 01/03/2019)
I Know First Average: 6.62% (Long) & 2.10% (Short)

During the 14 Days forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from TQQQ which registered a return of 10.36%. For the long positions the largest growth was registered by NUGT with a return of 24.16%, during the same period. The package itself, had an overall average return of 6.62%, in the long position, providing a premium of 8.98% over the SP500’s return of -2.36%. With regards to the short position, the package had an overall average return of 2.10%, providing investors with a premium of 4.46% over S&P500’s return of -2.36%. The I Know First’s Stock Market Algorithm accurately forecasted 7 out of 10 stocks, for the long position, and 7 out of 10 stocks, for the short position for this 14 Days forecasted 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.

How to interpret this diagram

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.