Stock Algorithm Based on Machine Learning: Returns up to 8.17% in 3 Days
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
Package Name: Computer Industry
Recommended Positions: Long
Forecast Length: 3 Days (10/4/24 – 10/8/24)
I Know First Average: 2.83%
For this 3 Days forecast the algorithm has successfully predicted 7 out of 10 movements. The top-performing prediction in this forecast was NVDA, which registered a return of 8.17%. Further notable returns came from DDD and AMD at 7.27% and 6.11%, respectively. The overall average return in this Computer Industry package was 2.83%, providing investors with a 1.93% premium over the S&P 500’s return of 0.9% 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.