Quantitative Trading Based on Data Mining: Returns up to 25.65% in 3 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
Package Name: Computer Industry
Recommended Positions: Long
Forecast Length: 3 Days (10/9/24 – 10/12/24)
I Know First Average: 3.94%
During the 3 Days forecasted period several picks in the Computer Industry Package saw significant returns. The algorithm has correctly predicted 7 out of 10 returns. The greatest return came from SIFY at 25.65%. The suggested trades for WOLF and TSM also had notable 3 Days yields of 20.71% and 2.56%, respectively. With these notable trade returns, the package itself registered an average return of 3.94% compared to the S&P 500’s return of 1.11% for 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.