Oil Prediction Based on Stock Algorithm: Returns up to 3.16% in 1 Month

Oil Prediction

This Gold forecast is part of the Commodities Package, one of I Know First’s algorithmic trading solutions for commodities outlook. This package gives predictions for Gold and other precious metals for the various forecasted time frames and includes our algorithmic outlook for:

  • Gold ETF (GLD) direction
  • Physical Gold (XAU) direction
  • Silver (XAG) direction
  • Brent Crude (B1) direction
  • Oil (CL1) direction

Package Name: Commodities
Forecast Length: 1 Month (03/31/2017 – 05/01/2017)
I Know First Average: 0.15%
Commodities Outlook

The algorithm correctly predicted 4 out 5 of the suggested trades in the Commodities Package for this 1 Month forecast. This is achieving 80% accuracy in its forecast.  CL1 was the highest-earning trade with a return of 3.16% in 1 Month. Additional high returns came from B1 and XAU, at 2.32% and 1.01% respectively. The package had an overall average return of 0.15% during the period.

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.

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