Commodity Price Forecast Based on Data Mining: Returns up to 206.41% 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 (7/14/23 – 7/15/24)
I Know First Average: 35.18%
Several predictions in this 1 Year forecast saw significant returns. The algorithm has correctly predicted 8 out of 10 stock movements. The top-performing prediction in this forecast was Cocoa, which registered a return of 206.41%. Uranium and NLR followed with returns of 46.96% and 37.35% for the 1 Year period. The package had an overall average return of 35.18% 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.
