Commodity Price Outlook Based on Data Mining: over 60% in 1 Year

Commodity Price Outlook

This Commodities Package is designed for investors who need commodity price outlook recommendations to find the best performing commodities in the industry. It includes 20 commodities 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: Commodities
Forecast Length: 1 Year (02/04/2016 – 02/04/2017)
I Know First Average: 30.51%

Commodity Price Outlook

Several predictions in this long-term 1 Year forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. SB1 was the top performing prediction with a return of 63.77%. B1 and GDX saw outstanding returns of 62.13% and 60.07%. The package had an overall average return of 30.51% during the period.

Sugar, as a commodity, is traded on futures/forward contracts.

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 the stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. The top ten stocks 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. A green box represents a positive forecast while a red represents a negative forecast. The boxes are then arranged according to their respective signal and predictability values (see below for detailed definitions).

Forecast Performance: The table on the right compares the actual stock performance with I Know First’s prediction. The column titled “Forecast” shows which direction the algorithm predicted, and the column “% Change” shows the actual stock performance over the indicated time period. The “Accuracy” column shows a “v” if the algorithm correctly predicted the direction of the stock or an “x” if the forecast was incorrect. The I Know First Average is the equal-weights average percent change of the stocks listed below, and the S&P 500 may be included for reference if relevant.
Signal: This indicator represents the predicted movement direction/trend; not a percentage or specific target price. The signal strength indicates how much the current price deviates from what the system considers an equilibrium or “fair” price.
Predictability: This value is obtained by calculating the correlation between the current prediction and the actual asset movement for each discrete time period. The algorithm then averages the results of all the prediction points, while giving more weight to recent performance. As the machine keeps learning, the predictability values generally increase.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.

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