Stock Algorithm Based on Stock Prediction Algorithm: Returns up to 6.52% 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

Computer
Package Name: Computer Industry
Recommended Positions: Long
Forecast Length: 3 Days (6/4/24 – 6/7/24)
I Know First Average: 2.22%
Stock Algorithm
Stock Algorithm chart

The algorithm correctly predicted 8 out of 10 the suggested trades in the Computer Industry Package for this 3 Days forecast. ASML was our best stock pick with a return of 6.52%. STM and NVDA also performed well for this time horizon with returns of 6.0% and 5.12%, respectively. The package had an overall average return of 2.22%, providing investors with a 1.02% premium over the S&P 500’s return of 1.2% during the 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.