Chinese ETF Based on Big Data: Returns up to 16.16% in 3 Months

Chinese ETF

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 Chinese ETF 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: 3 Months (12/3/2019 – 3/3/2020)
I Know First Average: 9.28%
Chinese ETF
Chinese ETF chart

9 out of 10 stock prices in this forecast for the Chinese ETF Forecast Package moved as predicted by the algorithm. The prediction with the highest return was 510510.SS, at 16.16%. 510500.SS and 510660.SS followed with returns of 16.07% and 15.7% for the 3 Months period. The Chinese ETF Forecast package had an overall average return of 9.28%, providing investors with a premium of 5.21% over the S&P 500’s return of 4.07%.

Guangfa CSI 500 ETF is an exchange-traded fund incorporated in China. The Fund’s objective is to track the performance of the CSI 500 Index while minimizing the tracking errors. The Fund invests at least 95% of total assets in equities of member companies of the CSI 500 Index.

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.