Commodity ETFs Forecast Based on Artificial Intelligence: Returns up to 6.88% in 14 Days
Commodity ETFs Forecast
This Commodity ETFs Package is designed for investors who need commodity recommendations to find the best performing commodity ETFs in the industry. It includes 20 commodity ETFs with bullish or bearish signals indicating which are best to buy:
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- Top 10 commodity ETFs for the long position
- Top 10 commodity ETFs for the short position
Package Name: Commodities
Recommended Positions: Long
Forecast Length: 14 Days (06/20/2019 – 07/04/2019)
I Know First Average: 2.65%
9 out of 10 prices in this forecast for the Commodities Package moved as predicted by the algorithm. GDX was our best pick this week a return of 6.88%. PALL and GLD followed with returns of 4.82% and 4.49% for the 14 Days period. The package had an overall average return of 2.65% 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
Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are 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.
