Quantitative Trading Based on Big Data Analytics: Returns up to 9.52% in 7 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: 7 Days (5/17/24 – 5/24/24)
I Know First Average: 4.34%
Quantitative Trading
Quantitative Trading chart

During the 7 Days forecasted period several picks in the Computer Industry Package saw significant returns. The algorithm has correctly predicted 9 out of 10 returns. The top performing prediction from this package was TER with a return of 9.52%. Further notable returns came from QCOM and ADI at 8.84% and 8.59%, respectively. The Computer Industry package had an overall average return of 4.34%, providing investors with a premium of 4.20% over the S&P 500’s return of 0.14%.

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.