Quantitative Trading Based on a Self-learning Algorithm: Returns up to 28.84% in 1 Month
Quantitative Trading
Quantitative Trading: 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 (2/4/24 – 3/4/24)
I Know First Average: 18.09%
I Know First’s State of the Art Algorithm accurately forecasted 10 out of 10 trades in this Computer Industry Package for the 1 Month time period. The greatest return came from NVDA at 28.84%. LSCC and AMAT followed with returns of 28.55% and 24.77% for the 1 Month period. The Computer Industry package had an overall average return of 18.09%, providing investors with a premium of 14.61% over the S&P 500’s return of 3.48%.
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.