China ETFs Based on Big Data Analytics: Returns up to 4.06% in 7 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: 7 Days (12/25/2019 – 1/1/2020)
I Know First Average: 2.35%
China ETFs
China ETFs chart

10 out of 10 stock prices in this forecast for the Chinese ETF Forecast Package moved as predicted by the algorithm. The top performing prediction from this package was 510410.SS with a return of 4.06%. Further notable returns came from 510170.SS and 510020.SS at 4.04% and 2.88%, respectively. The Chinese ETF Forecast package had an overall average return of 2.35%, providing investors with a premium of 0.09% over the SHANGHAI SE’s return of 2.26%.

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.