Stock Algorithm Based on Pattern Recognition: Returns up to 247.3% in 1 Year
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: 1 Year (9/27/22 – 9/27/23)
I Know First Average: 52.49%
The algorithm correctly predicted 10 out of 10 the suggested trades in the Computer Industry Package for this 1 Year forecast. The highest trade return came from NVDA, at 247.3%. MANH and AMD followed with returns of 49.43% and 47.92% for the 1 Year period. The package saw an overall yield of 52.49% versus the S&P 500’s return of 16.95% implying a market premium of 35.54%.
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.