Quantitative Trading Based on Big Data: Returns up to 41.81% in 3 Months
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: 3 Months (12/6/22 – 3/6/23)
I Know First Average: 16.15%
Several predictions in this 3 Months forecast saw significant returns. The algorithm has correctly predicted 9 out of 10 stock movements. NVDA was the highest-earning trade with a return of 41.81% in 3 Months. The suggested trades for MPWR and LSCC also had notable 3 Months yields of 32.57% and 25.84%, respectively. The overall average return in this Computer Industry package was 16.15%, providing investors with a 14.91% premium over the S&P 500’s return of 1.24% during 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.