Stock Algorithm Based on Big Data: Returns up to 41.87% in 1 Month
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
Package Name: Computer Industry
Recommended Positions: Long
Forecast Length: 1 Month (10/23/22 – 11/23/22)
I Know First Average: 22.24%
10 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 LSCC with a return of 41.87%. The suggested trades for NVDA and ASML also had notable 1 Month yields of 32.51% and 30.64%, respectively. The package’s overall average return was 22.24%, providing investors with a 14.93% premium over the S&P 500’s return of 7.31% 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.