Algorithmic Trading Software Based on AI: Returns up to 10.24% in 1 Month
Algorithmic Trading Software
Algorithmic Trading Software: The Computer Industry Stocks Package is designed for investors and analysts who need predictions of the best-performing stocks for the whole Computer Industry. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to buy in the computer industry:
- Top 10 Computer Industry stocks for the long position
- Top 10 Computer Industry stocks for the short position
Package Name: Computer Industry
Recommended Positions: Long
Forecast Length: 1 Month (10/6/23 – 11/7/23)
I Know First Average: 4.02%
In this 1 Month forecast for the Computer Industry Package, there were many high performing trades and the algorithm correctly predicted 8 out of 10 trades. The top performing prediction from this package was AMD with a return of 10.24%. Other notable stocks were UMC and CDNS with a return of 9.48% and 8.08%. The overall average return in this Computer Industry package was 4.02%, providing investors with a 1.20% premium over the S&P 500’s return of 2.82% during the same 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 Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are 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.