Stock Algorithm Based on Predictive Analytics: Returns up to 22.96% in 1 Month
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 Month (9/8/24 – 10/8/24)
I Know First Average: 6.59%
I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this Computer Industry Package for the 1 Month time period. The top-performing prediction in this forecast was ORCL, which registered a return of 22.96%. MANH and IBM had notable returns of 14.21% and 13.89%. The package itself saw an overall return of 6.59%, providing investors with a 0.25% premium above the S&P 500’s return of 6.34% for the same time 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.