Stock Algorithm Based on Big Data: Returns up to 68.95% in 3 Months

July 1, 2020

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 (3/29/2020 – 6/30/2020)
I Know First Average: 27.44%
Stock Algorithm
Stock Algorithm chart

For this 3 Months forecast the algorithm had successfully predicted 10 out of 10 movements. ADSK was the top performing prediction with a return of 68.95%. The suggested trades for CDNS and ADBE also had notable 3 Months yields of 54.08% and 42.34%, respectively. The overall average return in this Computer Industry package was 27.44%, providing investors with a 5.45% premium over the S&P 500’s return of 21.99% during the same period.

Autodesk, Inc. operates as a design software and services company worldwide. It operates through Architecture, Engineering, and Construction; Manufacturing; Platform Solutions and Emerging Business; and Media and Entertainment segments. Autodesk, Inc. was founded in 1982 and is headquartered in San Rafael, California.

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