Algorithmic Trading Software Based on Data Mining: Returns up to 232.4% in 1 Year

February 8, 2024

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

Computer
Package Name: Computer Industry
Recommended Positions: Long
Forecast Length: 1 Year (2/7/23 – 2/7/24)
I Know First Average: 53.97%
Algorithmic Trading Software
Algorithmic Trading Software chart

In this 1 Year forecast for the Computer Industry Package, there were many high performing trades and the algorithm correctly predicted 8 out of 10 trades. The highest trade return came from NVDA, at 232.4%. AVGO and CDNS followed with returns of 109.06% and 61.76% for the 1 Year period. With these notable trade returns, the package itself registered an average return of 53.97% compared to the S&P 500’s return of 21.5% for 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.

Computer Industry