Stock Market Prediction Algorithm: ARMH Returns 45.44% in 14 Days
Stock Market Prediction Algorithm
This Tech Stocks forecast is designed for investors and analysts who need a stock market prediction algorithm for tech stocks in the whole Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:
- Top 10 tech stocks for the long position
- Top 10 tech stocks for the short position
Package Name: Tech Stocks
Forecast Length: 14 Days (07/10/16 – 07/24/16)
I Know First Average: 10.52%
In this Tech Stocks forecast the I Know First algorithm predicted 6 of 10 stocks correctly. The best performing stock in this 14 day time period was ARMH which had a strong return of 45.44%. ARM.L and STX also gave great returns of 43.79% and 31.53%. The I Know First Average for the long position was 10.52% outperforming the S&P 500’s return of 2.12%.
ARM Holdings plc (ARMH) is a UK based company which focuses on computer-chip technologies. The company designs 95% of the chips found in smartphones.
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 algorithmic traders.
How to interpret this diagram
Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.