Quantitative Trading Based on Stock Market Algorithm: Returns up to 36.16% 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

Computer
Package Name: Computer Industry
Recommended Positions: Long
Forecast Length: 3 Months (2/2/24 – 5/3/24)
I Know First Average: 5.4%
Quantitative Trading
Quantitative Trading chart

6 out of 10 stock prices in this forecast for the Computer Industry Package moved as predicted by the algorithm. The top performing prediction from this package was NVDA with a return of 36.16%. Further notable returns came from AMAT and MPWR at 18.53% and 16.08%, respectively. The package’s overall average return was 5.4%, providing investors with a 0.88% premium over the S&P 500’s return of 4.52% 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.