Trend Prediction Based on Stock Prediction Algorithm: Returns up to 21.66% in 7 Days

Trend Prediction

This forecast is part of the ETFs Package, as one of I Know First’s quantitative investment solutions for trend prediction. 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 (02/01/2017 – 02/08/2017)
I Know First Average: 4.45%
Trend Prediction

I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this ETFs Forecast Package for the 7 Days time period. The greatest return came from NUGT at 21.66%. GDXJ and GDX also performed well for this time horizon with returns of 11.81% and 6.85%, respectively. The package itself saw an overall return of 4.45%, providing investors with a 3.76% premium above the S&P 500’s return of 0.69% for the same time 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

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.