Algorithmic Trading Software Based on AI: Returns up to 14.79% in 7 Days

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: 7 Days (2/5/24 – 2/12/24)
I Know First Average: 5.17%
Algorithmic Trading Software
Algorithmic Trading Software chart

The algorithm correctly predicted 7 out of 10 the suggested trades in the Computer Industry Package for this 7 Days forecast. The top-performing prediction in this forecast was MPWR, which registered a return of 14.79%. Other notable stocks were TSM and AMAT with a return of 12.71% and 10.32%. The Computer Industry package had an overall average return of 5.17%, providing investors with a premium of 3.89% over the S&P 500’s return of 1.28%.

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.