Quantitative Trading Based on Predictive Analytics: Returns up to 13.01% 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
Package Name: Computer Industry
Recommended Positions: Long
Forecast Length: 7 Days (10/19/22 – 10/26/22)
I Know First Average: 4.76%
For this 7 Days forecast the algorithm has successfully predicted 8 out of 10 movements. TER was our best stock pick with a return of 13.01%. SAP and ADBE followed with returns of 9.82% and 9.39% for the 7 Days period. The Computer Industry package had an overall average return of 4.76%, providing investors with a premium of 1.79% over the S&P 500’s return of 2.97%.
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.