Commodities Prediction Based on Data Mining: Over 6% Return In 3 Days
Commodities Prediction
This commodities prediction is designed for investors who need commodity recommendations to find the best performing commodities in the industry. It includes 20 commodities with bullish or bearish signals indicating which are best to buy:
- Top 10 commodities for the long position
- Top 10 commodities for the short position
Package Name: Commodities
Recommended Positions: Long
Forecast Length: 3 Days (11/09/2016 – 11/12/2016)
I Know First Average: 2.43%
7 out of 10 stock prices in this forecast for the Commodities Package moved as predicted by the algorithm. The top-performing prediction in this forecast was XME, which registered a return of 7.57%. Other notable stocks were HG1 and Copper with a return of 6.97% and 6.02%. The package had an overall average return of 2.43%, providing investors with a 2.43% premium over the S&P 500’s return of 0.00% during the period.
The SPDR S&P Metals & Mining ETF (XME) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Metals and Mining Select Industry 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.
