Commodities Prices Analysis Based on Data Mining: Returns up to 9.09% in 14 Days

Commodities Prices Analysis

This Commodities Package is designed for investors who need commodity recommendations to find the best performing commodities in the industry. It includes 20 Commodities Prices Analysis 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 & Short
Forecast Length: 14 Days (11/27/2018 – 12/11/2018)
I Know First Average: 2.13% (Long) & 2.06% (Short)
Commodities Price Predictions
During the 14 Days forecast, the algorithm had predicted high returns for those seeking investment ideas. The best performance in the short position came from ^XNG which registered a return of 6.36%. For the long positions the largest growth was registered by PALL with a return of 9.09%, during the same period. The package itself, had an overall average return of 2.13%, in the long position. With regards to the short position, the package had an overall average return of 2.06%. The I Know First Algorithm accurately forecasted 8 out of 10 commodities, for the long position, and 7 out of 10 commodities, for the short position for this 14 Days forecasted 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. Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.

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How to interpret this diagram

Algorithmic Commodity Forecast: The table on the left is the commodity forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 commodities in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant tickers have been included. The boxes are then 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.

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