Stock Algorithm Based on Machine Learning: Returns up to 12.97% in 3 Days
Stock Algorithm
The Computer Industry Stocks Package is designed for investors and analysts who need stock algorithm 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: 3 Days (7/17/22 – 7/20/22)
I Know First Average: 6.63%
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 NVDA with a return of 12.97%. LSCC and ASML also performed well for this time horizon with returns of 10.19% and 8.15%, respectively. The package had an overall average return of 6.63%, providing investors with a premium of 4.13% over the S&P 500’s return of 2.5% 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.