Chinese ETF Based on Deep-Learning: Returns up to 60.08% in 1 Year

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: 1 Year (10/27/2019 – 10/27/2020)
I Know First Average: 27.66%
Chinese ETF
Chinese ETF chart

The algorithm correctly predicted 10 out 10 of the suggested trades in the Chinese ETF Forecast Package for this 1 Year forecast. 510660.SS was the top performing prediction with a return of 60.08%. 513100.SS, and 510290.SS had notable returns of 52.0% and 27.79%. The package had an overall average return of 27.66%, providing investors with a 17.53% premium over the Shanghai SE’s return of 10.13% during the period.

ChinaAMC SSE Health Care ETF Index Sponsor Fund is an exchange-traded fund (ETF) incorporated in China. The Fund’s objective is to track the performance of the SSE Health Care Sector Index while minimizing the tracking errors. The Fund invests at least 90% of total assets in equities of member companies of the SSE Health Care Sector 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.