Commodity Outlook Based on Algo Trading: Returns up to 64.21% in 1 Year
Commodity Outlook
This Commodities Package is designed for investors who need commodity recommendations to find the best performing commodities in the industry. It includes 20 Commodity Outlook 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 (11/21/21 – 11/22/22)
I Know First Average: 36.04%
Several predictions in this 1 Year forecast saw significant returns. The algorithm has correctly predicted 10 out of 10 stock movements. The highest trade return came from ^BCOMNG3T, at 64.21%. ^BCOMNG3 and ^BCOMCO2T also performed well for this time horizon with returns of 61.62% and 39.07%, respectively. The package had an overall average return of 36.04% 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.
