Stock Algorithm Based on Data Mining: Returns up to 99.48% in 1 Year

June 8, 2023

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: 1 Year (6/7/22 – 6/7/23)
I Know First Average: 24.44%
Stock Algorithm
Stock Algorithm chart

In this 1 Year forecast for the Computer Industry Package, there were many high performing trades and the algorithm correctly predicted 8 out of 10 trades. The top-performing prediction in this forecast was NVDA, which registered a return of 99.48%. AVGO and CDNS also performed well for this time horizon with returns of 41.23% and 38.79%, respectively. This algorithmic forecast package presented an overall return of 24.44% versus the S&P 500’s performance of 3.54% providing a market premium of 20.90%.

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