Commodity Prediction Based on Machine Learning: Returns up to 4.49% in 3 Days
Commodity Prediction
This Commodity Prediction Package is designed for investors who need commodity recommendations to find the best performing commodities in the industry. It includes 20 Commodity Forecast 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 (12/24/2018 – 12/27/2018)
I Know First Average: 2.66%
The algorithm correctly predicted 10 out 10 of the suggested trades in the Commodities Package for this 3 Days forecast. ICE_CC1 was the highest-earning trade with a return of 4.49% in 3 Days. Additional high returns came from Cocoa and SLV, at 4.49% and 4.08% respectively. The package had an overall average return of 2.66% during the period.
The Cocoa contract is the world benchmark for the global cocoa market. The contract prices the physical delivery of exchange-grade product from a variety of African, Asian and Central and South American origins to any of five US delivery ports
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
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.
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.
