Chinese Stocks ETF Based on Data Mining: Returns up to 11.64% in 3 Months

Chinese Stocks 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 Stocks 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 (12/1/2019 – 3/1/2020)
I Know First Average: 5.38%
Chinese Stocks ETF
Chinese Stocks ETF chart

This Chinese ETF Forecast Package forecast had correctly predicted 8 out of 10 stock movements. 510500.SS was the highest-earning trade with a return of 11.64% in 3 Months. 510510.SS and 513100.SS saw outstanding returns of 10.98% and 9.6%. The package saw an overall yield of 5.38% versus the S&P 500’s return of 0.29% implying a market premium of 5.09%.

China CSI 500 ETF is an exchange-traded fund (ETF) 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.