Stock Predictions Based on Machine Learning: Returns up to 7.35% in 1 Month
Stock Predictions
Stock Predictions: 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 (10/13/23 – 11/13/23)
I Know First Average: 2.04%
7 out of 10 stock prices in this forecast for the Computer Industry Package moved as predicted by the algorithm. The top-performing prediction in this forecast was AMD, which registered a return of 7.35%. KLAC and CDNS had notable returns of 5.42% and 4.66%. This algorithmic forecast package presented an overall return of 2.04% versus the S&P 500’s performance of 1.42% providing a market premium of 0.62%.
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.