Algorithmic Trading Software Based on Big Data: Returns up to 5.88% in 14 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: 14 Days (8/22/23 – 9/5/23)
I Know First Average: 3.1%
10 out of 10 stock prices in this forecast for the Computer Industry Package moved as predicted by the algorithm. The prediction with the highest return was OLED, at 5.88%. The suggested trades for LSCC and LRCX also had notable 14 Days yields of 4.88% and 4.71%, respectively. The package had an overall average return of 3.1%, providing investors with a 0.89% premium over the S&P 500’s return of 2.21% during the 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.