Stock Algorithm Based on Algorithmic Trading: Returns up to 12.42% in 1 Month

Stock Algorithm

The Computer Industry Stocks Package is designed for investors and analysts who need stock algorithm 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: 1 Month (6/11/21 – 7/12/21)
I Know First Average: 6.58%
Stock Algorithm
Stock Algorithm chart

During the 1 Month forecasted period several picks in the Computer Industry Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. TYL was the highest-earning trade with a return of 12.42% in 1 Month. Additional high returns came from ADBE and NICE, at 12.08% and 11.24% respectively. The overall average return in this Computer Industry package was 6.58%, providing investors with a 3.15% premium over the S&P 500’s return of 3.43% during the same period.

Tyler Technologies, Inc. (TYL) provides integrated information management solutions and services for the public sector with a focus on local governments in the United States and internationally. It operates through two segments, Enterprise Software Solutions, and Appraisal and Tax Software Solutions and Services. The company’s financial management solutions include modular fund accounting systems for government agencies or not-for-profit entities; and utility billing systems for the billing and collection of metered and non-metered services. It also offers products to automate various city functions, such as municipal courts, parking tickets, equipment and project costing, animal and business licenses, permits and inspections, code enforcement, citizen complaint tracking, ambulance billing, fleet maintenance, and cemetery records management; and student information and transportation solutions for K-12 schools. In addition, the company provides integrated suite of judicial solutions comprising court case management, court and law enforcement, prosecutor, and supervision systems to handle multi-jurisdictional county or statewide implementations, as well as single county systems; systems and software to automate the appraisal and assessment of real and personal properties; tax applications for agencies that bill and collect taxes; planning, regulatory, and maintenance software solutions for public sector agencies; public safety software solution; and software applications that enhance and automate records and document management operations. Further, it offers software as a service arrangements and electronic document filing solutions for courts and law offices; professional IT services, including software and hardware installation, data conversion, training, and product modifications; and property appraisal outsourcing services for taxing jurisdictions, as well as customer support services. The company was founded in 1966 and is headquartered in Plano, Texas.

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.