Best Hong Kong Stocks Based on Algorithmic Trading: Returns up to 14.97% in 3 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: 3 Days (06/20/2018 – 06/23/2018)
I Know First Average: 2.61%
Best Hong Kong Stocks

I Know First’s State of the Art Algorithm accurately forecasted 7 out of 10 trades in this By Country – Hong Kong Stocks Package for the 3 Days time period. The greatest return came from 3808.HK at 14.97%. 0496.HK and 0108.HK also performed well for this time horizon with returns of 7.49% and 2.41%, respectively. The package itself saw an overall return of 2.61%, providing investors with a 2.89% premium above the S&P 500’s return of -0.28% for the same time period.

Sinotruk (Hong Kong) Limited is an investment holding company principally engaged in the research and development, manufacture and sales of heavy duty trucks. The Company operates its business through four segments. The Heavy Duty Trucks segment is engaged in the manufacture and sale of heavy duty trucks, medium-heavy trucks and related components. The Light Duty Trucks and Buses segment is engaged in the manufacture and sale of light duty trucks, buses and related components. The Engines segment is engaged in the manufacture and sale of engines and related parts. The Finance segment is engaged in the provision of deposits taking, borrowings, bills and notes discounting, entrustment loans and auto financing services.

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

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