Stock Algorithm Based on Big Data Analytics: Returns up to 32.73% in 3 Months

May 8, 2024

Stock Algorithm

Stock Algorithm: 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 (2/7/24 – 5/7/24)
I Know First Average: 11.59%
Stock Algorithm
Stock Algorithm chart

During the 3 Months forecasted period several picks in the Computer Industry Package saw significant returns. The algorithm has correctly predicted 9 out of 10 returns. NVDA was the highest-earning trade with a return of 32.73% in 3 Months. AMAT and TSM followed with returns of 22.89% and 18.2% for the 3 Months period. The package’s overall average return was 11.59%, providing investors with a 6.88% premium over the S&P 500’s return of 4.71% 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.

Computer Industry