Best Hong Kong Stocks Based on Big Data: Returns up to 28.26% 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 best Hong Kong 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: Short
Forecast Length: 7 Days (10/07/2018 – 10/14/2018)
I Know First Average: 10.49%
Best Hong Kong Stocks

9 out of 10 top stock picks from the algorithm decreased as predicted for this short-term forecasting period. 0299.HK saw monumental growth of 28.26% in just 7 Days. 0141.HK, and 3900.HK also had excellent performances with returns of 19.30% and 16.36% respectively. The package had an overall average return of 10.49%, providing investors with a premium of 14.59% over the S&P 500’s return of -4.10% during the same period.

New Sports Group Limited is a Hong Kong-based investment holding company principally engaged in information technology (IT) businesses. The Company operates through three segments. Software segment is engaged in the provision of outsourcing software development services and technical support services. Provision of Online Game Services segment is engaged in the design, development and operation of mobile and web games. Peer-to-peer (P2P) Financial Intermediary Services segment is engaged in the provision of P2P financial intermediary services and other related consultancy 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.