Best Hong Kong Stocks Based on Algo Trading: Returns up to 14.99% 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 (07/16/2018 – 07/30/2018)
I Know First Average: 4.85%
Best Hong Kong Stocks

The algorithm correctly predicted 8 out 10 of the suggested trades in the By Country – Hong Kong Stocks Package for this 14 Days forecast. 3898.HK was the highest-earning trade with a return of 14.99% in 14 Days. Additional high returns came from 0855.HK and 0342.HK, at 8.57% and 8.43% respectively. The package had an overall average return of 4.85%, providing investors with a 4.80% premium over the S&P 500’s return of 0.05% during the period.

Zhuzhou CRRC Times Electric Co., Ltd. is principally engaged in the research, development, manufacture and sale of locomotive train power converters and control systems, urban railway train electrical systems and other train-borne electrical systems. The Company is also involved in the research, development, manufacture and sale of electric components for the railway industry, urban railway industry and non-railway purposes. The Company’s main products include electric multiple units, metropolitan rail transportation equipment, locomotives, railway maintenance machineries related products, marine engineering products, key electric part and component products, signal and communication products and others. The Company distributes its products in domestic market and to overseas markets.

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.