Best Hong Kong Stocks Based on Artificial Intelligence: Returns up to 18.24% in 7 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: 7 Days (09/10/2018 – 09/17/2018)
I Know First Average: 3.43%
Best Hong Kong Stocks

In this 7 Days forecast for the By Country – Hong Kong Stocks Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 trades. The top-performing prediction in this forecast was 3808.HK, which registered a return of 18.24%. Other notable stocks were 0166.HK and 0112.HK with a return of 10.48% and 9.71%. The package had an overall average return of 3.43%, providing investors with a premium of 2.83% over the S&P 500’s return of 0.60% during the same 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

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.