I Know First Algorithm Review

The stocks selected here are the top performing stocks from I Know First: Daily Market Forecast’s April 1st, 2016 stock forecast titled “Commodities Prediction Based on Al: Returns Up to 45.47% in 3 Months”.

This forecast is part of the “Commodities” package, as one of I Know First’s quantitative investment solutions. The “I Know First Average” return was 25.31% over 3 months versus the S&P 500’s return of 2.10% over the same time period.

Learn how to read the predictions: Instructions

Learn how to strategize with the forecast: Algorithmic Trading Strategies

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

Coal

Signal: 143.81

Predictability: 0.61

Return: 45.29%

Coal is the most widely used power source. The reason being for this is because it is cheap, but it isn’t environmentally friendly. Many countries are trying to eliminate hurtful emissions to the environment. The index had a signal strength of 143.81 and a predictability indicator of 0.61. The Coal market has been getting slammed with companies closing, but at the same time, the world is very reliant on it for energy.

KOL

Signal: 122.71

Predictability: 0.61

Return: 25.76%

VanEck Vectors Coal ETF (KOL), is an exchange-traded fund, on the NYSE Arca. Its an ETF that replicates the Market Vectors Global Coal Index. The Fund invests about 80% in securities, and 50% of their return comes from coal investments. The index had a signal strength of 122.71 and a predictability indicator of 0.61. In light of the recent Brexit, investors have been turning to safer assets such as coal. So its been rising. This is a short-term trend as the coal industry has not performed well because of mining issues and global warming.

XME

Signal: 104.10

Predictability: 0.66

Return: 22.60%

SPDR Metals and Mining ETF (XME), is an exchange-traded fund that is in the USA. The Fund’s purpose is to copy the performance of the S&P Metals & Mining Select Industry Index. The index had a signal strength of 104.10 and a predictability indicator of 0.66. Once again, this fund has seen sporadic growth because of the Brexit.

GDX

Signal: 63.27

Predictability: 0.35

Return: 45.47%

VanEck Vectors Gold Miners ETF (GDX), is an exchange-traded fund that is in the USA. The Fund tries to mimic the performance of the Arca Gold Miners Index. Roughly 80% of their investments are in common stocks and companies related to the gold mining industry. The index had a signal strength of 63.27 and a predictability indicator of 0.35. Because Gold is considered the safe-haven asset the index has seen a jump recently in regards the UK leaving the EU.

B1

Signal: 60.27

Predictability: 0.66

Return: 25.51%

B1 is an indicator for Crude Oil Futures. It is traded on the Intercontinental Exchange (ICE). It is a continuous contract which means there is no end date to the contract, and it will be renewed until one of the parties decides to terminate it. The index had a signal strength of 60.27 and a predictability indicator of 0.66. Crude prices have rallied since they dropped to their lowest level this year. Prices of crude won’t return to their highs for years to come.

XPD

Signal: 53.26

Predictability: 0.5

Return: 7.05%

ETFS Physical Palladium (XPD), is a secure security for holders that is simple and cost-efficient for those who want to enter the palladium market. The returns mimic the way the direction the Palladium market is going, with lower management fees.The index had a signal strength of 53.26 and a predictability indicator of 0.5. Once again, the price of palladium has gone up as investors flocked to safer assets in light of the Brexit, two weeks ago.

Tin

Signal: 49.72

Predictability: 0.59

Return: 3.25%

iPath Bloomberg Tin Total Return Sub-Index ETN is an exchange-traded note issued in the USA. It is designed to provide exposure to investors to the Tin market. The investor gets a note, and once is matures they will get a cash payment based on the performance of the index. The index had a signal strength of 49.72 and a predictability indicator of 0.59. There have been no new developments within the Tin market.

USO

Signal: 48.82

Predictability: 0.62

Return: 21.44%

United Stated Oil Fund LP (USO), is a Delaware limited partnership that is in the USA. The Fund tries to replicate the performance of the West Texas Intermediate (WTI) light, sweet crude oil. It invest in different kinds of petroleum-based fuels. The index had a signal strength of 48.82 and a predictability indicator of 0.62. Oil has reached new lows this year, but has been on the bounce back because produces are trying to cut the supply glut.

CL1

Signal: 47.80

Predictability: 0.66

Return: 29.02%

CL1 is an indicator for Crude Oil Futures. It is traded on the New York Mercantile Exchange (NYMEX). Crude oil is the world’s most actively traded commodity. The index had a signal strength of 47.80 and a predictability indicator of 0.66. Crude oil hit an all time low also because of the supply glut. Recently though it has been on an upward trend.

XAG

Signal: 104.10

Predictability: 0.66

Return: 27.66

iShares Silver Trust is a trust formed to invest in Silver. Most of the trust is made up of assets silver which held by a custodian. The purpose of the trust is for the returns to mimic the price of silver. The index had a signal strength of 44.87 and a predictability indicator of 0.46. Due to the Brexit, roughly two weeks ago, investors ran to safe-havens, such as gold, and the price shot up.

Business Disclosure: I Know First Research is the analytic branch of I Know First, a financial startup company that specializes in quantitatively predicting the stock market. We did not receive compensation for this article, and we have no business relationship with any company whose stock is mentioned in this article