Quantitative Trading Based on Stock Prediction Algorithm: Returns up to 194.77% in 1 Year

Quantitative Trading

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: 1 Year (7/17/22 – 7/17/23)
I Know First Average: 48.3%
Quantitative Trading
Quantitative Trading chart

The algorithm correctly predicted 9 out of 10 the suggested trades in the Computer Industry Package for this 1 Year forecast. The highest trade return came from NVDA, at 194.77%. Further notable returns came from AVGO and ASML at 84.11% and 58.63%, respectively. The package had an overall average return of 48.3%, providing investors with a 31.23% premium over the S&P 500’s return of 17.07% during the period.

NVIDIA Corporation (NVDA) is as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications

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.

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