Best Hong Kong Stocks Based on a Self-learning Algorithm: Returns up to 23.36% in 14 Days

Best Hong Kong Stocks

This forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

  • Top 10 Hong Kong stocks for the long position
  • Top 10 Hong Kong stocks for the short position

Package Name: By Country – Hong Kong Stocks
Recommended Positions: Long
Forecast Length: 14 Days (05/29/2018 – 06/12/2018)
I Know First Average: 3.71%
Best Hong Kong Stocks

In this 14 Days forecast for the By Country – Hong Kong Stocks Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. The top-performing prediction in this forecast was 0128.HK, which registered a return of 23.36%. Other notable stocks were 0241.HK and 0231.HK with a return of 22.16% and 1.06%. The package had an overall average return of 3.71%, providing investors with a premium of 1.30% over the S&P 500’s return of 2.41% during the same period.

ENM Holdings Limited is a Hong Kong-based investment holding company principally engaged in fashion wear, resorts and investment-related businesses. The Company operates through three segments. Wholesale and Retail of Fashion Wear and accessories segment is engaged in the trading of fashion wears and accessories. Resort and Recreational Club Operations segment is engaged in the provision of resort and recreational facilities, including lodging and catering services. Investments and Treasury segment is engaged in treasury operation and investment.

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.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.