China ETFs Based on Algo Trading: Returns up to 7.0% in 14 Days

China ETFs

This forecast is part of the ETFs Package, as one of I Know First’s quantitative investment solutions. We determine the top ETFs by screening our database daily using our advanced algorithm. The full ETFs Package includes a daily forecast for a total of 20 China ETFs ETFs with bullish and bearish signals:

  • Top 10 Chinese ETFs for the long position
  • Top 10 Chinese ETFs for the short position

Package Name: Chinese ETF Forecast
Recommended Positions: Long
Forecast Length: 14 Days (12/26/2019 – 1/9/2020)
I Know First Average: 5.08%
China ETFs
China ETFs chart

For this 14 Days forecast the algorithm had successfully predicted 10 out of 10 movements. The top performing prediction from this package was 510410.SS with a return of 7.0%. Other notable stocks were 510170.SS and 510510.SS with a return of 6.81% and 6.28%. This algorithmic forecast package presented an overall return of 5.08% versus S&P 500’s performance of 3.79% providing a market premium of 1.29%.

Bosera SSE Natural Resource Index ETF is an exchange-traded fund incorporated in China. The Fund’s objective is to track the performance of the SSE Natural Resource Index while minimizing the tracking errors. The Fund invests at least 90% of total assets in equities of SSE Natural Resource Index. The remaining proportion is invested in bonds, options and other financial tools.

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.