Algorithmic Trading Software Based on Data Mining: Returns up to 68.77% in 1 year

Algorithmic Trading Software

The Computer Industry Stocks Package is designed for investors and analysts who need predictions from our algorithmic trading software 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 (7/29/2018 – 7/29/2019)
I Know First Average: 11.1%
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 6 out 10 trades. CDNS was the top performing prediction with a return of 68.77%. Additional high returns came from VMW and INTU, at 43.72% and 32.52% respectively. The package saw an overall yield of 11.1% versus the S&P 500’s return of 7.17% implying a market premium of 3.93%.

Cadence Design Systems, Inc. provides electronic design automation software, emulation and prototyping hardware, system interconnect, and analysis worldwide. It offers functional verification, including emulation and prototyping hardware. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company was founded in 1988 and is headquartered in San Jose, California.

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.