Stock Algorithm Based on Deep Learning: Returns up to 17.2% in 7 Days

December 24, 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: 7 Days (12/16/20 – 12/23/20)
I Know First Average: 5.52%
Stock Algorithm
Stock Algorithm chart

9 out of 10 stock prices in this forecast for the Computer Industry Package moved as predicted by the algorithm. The highest trade return came from SSYS, at 17.2%. DDD and CDNS followed with returns of 14.63% and 8.34% for the 7 Days period. The package had an overall average return of 5.52%, providing investors with a premium of 5.64% over the S&P 500’s return of -0.12% during the same period.

Stratasys Ltd. provides three-dimensional (3D) printing and additive manufacturing solutions for the creation of parts used in the processes of designing and manufacturing products; and for the direct manufacture of end parts.

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