Quantitative Trading Based on Algorithmic Trading: Returns up to 28.1% in 14 Days

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

Computer
Package Name: Computer Industry
Recommended Positions: Long
Forecast Length: 14 Days (1/5/24 – 1/19/24)
I Know First Average: 3.85%
Quantitative Trading
Quantitative Trading chart

The algorithm correctly predicted 6 out of 10 the suggested trades in the Computer Industry Package for this 14 Days forecast. The highest trade return came from AMD, at 28.1%. LRCX and MKSI also performed well for this time horizon with returns of 13.03% and 10.62%, respectively. This algorithmic forecast package presented an overall return of 3.85% versus the S&P 500’s performance of 3.22% providing a market premium of 0.63%.

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.