Stock Algorithm Based on Data Mining: Returns up to 23.32% in 7 Days
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: 7 Days (11/7/22 – 11/14/22)
I Know First Average: 16.42%
10 out of 10 stock prices in this forecast for the Computer Industry Package moved as predicted by the algorithm. The prediction with the highest return was LSCC, at 23.32%. ASML and AMD saw outstanding returns of 23.27% and 18.23%. With these notable trade returns, the package itself registered an average return of 16.42% compared to the S&P 500’s return of 4.95% for 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.