Best Chinese Stocks Based On Algorithms: Average Return of 7.88% (Long) in 1 Month

 Best Chinese Stocks

This forecast is part of the package “By Country”, as one of I Know First’s algorithmic trading tools. The full forecast includes a daily predictions for a total of 20 stocks with bullish and bearish signals:

  • Top ten Chinese stocks picks to long
  • Top ten Chinese stocks picks to short

Recommended Positions: Long & Short
Forecast Length: 1 month (09/04/15 – 10/04/15)
I Know First Average: 7.88 % Long; 9.79% Short

Best Chinese Stocks

The Chinese Stocks Package forecast from 9/4/2015 included the top 10 stocks for both the long and short positions. The most impressive stock for the long position was ZNH with a return of 33.76%. Other top performing stocks from the forecast were CEA and NTES with solid returns of 27.73% and 12.32% respectively. For the short position, the top performing stock was YGE which decreased 44.10% as the algorithm correctly predicted. The average return for the long position was 7.88%, while the average return for the short position was 9.79%. These average returns significantly outperformed the S&P 500 return of 0.01% during the same time horizon.

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 algorithmic traders.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.