Chinese Stocks ETF Based on Deep-Learning: Returns up to 18.5% in 1 Month

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: 1 Month (6/21/2020 – 7/21/2020)
I Know First Average: 15.36%
Chinese Stocks ETF
Chinese Stocks ETF chart

The algorithm correctly predicted 10 out 10 of the suggested trades in the Chinese ETF Forecast Package for this 1 Month forecast. The top-performing prediction in this forecast was 510150.SS, which registered a return of 18.5%. 510630.SS and 510310.SS saw outstanding returns of 17.43% and 15.99%. This algorithmic forecast package presented an overall return of 15.36% versus SHANGHAI SE’s performance of 11.9% providing a market premium of 3.46%.

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.