Best Hong Kong Stocks Based on Artificial Intelligence: Returns up to 52.38% in 3 Months

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 Months (11/27/2018 – 02/27/2019)
I Know First Average: 17.29%
Best Hong Kong Stocks

For this 3 Months forecast the algorithm had successfully predicted 8 out of 10 movements. The highest trade return came from 1133.HK, at 52.38%. The suggested trades for 1030.HK and 1918.HK also had notable 3 Months yields of 36.51% and 31.36%, respectively. The package had an overall average return of 17.29%, providing investors with a 8.26% premium over the HANG SENG’s return of 9.03% during the period.

Harbin Electric Company Limited is principally engaged in the manufacture and sales of power equipment. The Company operates through three business segments. Its main business includes the manufacturing of large scale thermal power, hydro power, nuclear power and its ancillary equipment, the turn-key construction of power station projects, as well as the research and development, design and manufacturing of major products, such as power equipment of ships and electric power equipment.

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.