Commodity Price Forecast Based on Big Data Analytics: Returns up to 73.33% in 1 Year
Commodity Price Forecast
This Commodities Package is designed for investors who need commodity recommendations to find the best performing commodities in the industry. It includes 20 Commodity Price Forecast with bullish or bearish signals indicating which are the 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 Year (6/27/21 – 6/27/22)
I Know First Average: 54.71%
The algorithm correctly predicted 10 out of 10 the suggested trades in the Commodities Package for this 1 Year forecast. ^BCOMCL1T was the highest-earning trade with a return of 73.33% in 1 Year. Other notable stocks were ^BCOMCL1 and ^BCOMCL3T with a return of 72.74% and 68.0%. The package had an overall average return of 54.71% 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
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.
