Commodities Forecast Based on Genetic Algorithm: Over 9% in 1 Month
Commodities Forecast Based on Genetic Algorithm:
This Commodities Package 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: 1 Month (01/06/2017 – 02/06/2017)
I Know First Average: 3.35%
In this 1 Month forecast for the Commodities Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 stocks. The top-performing prediction in this forecast was GDX, which registered a return of 9.48%. Other notable stocks were XPD and Copper with a return of 4.88% and 4.81%. The package had an overall average return of 3.35% during the period.
VanEck Vectors Gold Miners ETF (GDX), is an ETF investment fund that seeks to replicate, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index. The fund normally invests at least 80% of its total assets in common stocks and depositary receipts of companies involved in the gold mining industry.
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.
