Chinese ETF Based on Predictive Analytics: Returns up to 3.06% in 7 Days

December 11, 2019

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: 7 Days (12/3/2019 – 12/10/2019)
I Know First Average: 1.59%
Chinese ETF
Chinese ETF chart

In this 7 Days forecast for the Chinese ETF Forecast Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. The top performing prediction from this package was 510170.SS with a return of 3.06%. 510510.SS and 510410.SS followed with returns of 2.99% and 2.95% for the 7 Days period. The package had an overall average return of 1.59%, providing investors with a premium of 0.15% over the SHANGHAI SE’s return of 1.44% during the same period.

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.

Chinese ETFs Forecast