Best Hong Kong Stocks Based on Big Data: Returns up to 38.18% 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 (03/01/2019 – 03/05/2019)
I Know First Average: 8.23%
Best Hong Kong Stocks

For this 3 Days forecast the algorithm had successfully predicted 6 out of 10 movements. The highest trade return came from 0139.HK, at 38.18%. The suggested trades for 0346.HK and 0378.HK also had notable 3 Days yields of 22.62% and 19.66%, respectively. The package had an overall average return of 8.23%, providing investors with a 7.08% premium over the HANG SENG’s return of 1.15% during the period.

Central Wealth Group Holdings Limited, formerly China Soft Power Technology Holdings Limited, is an investment holding company principally engaged in the financial investments and services. Along with subsidiaries, the Company operates its business through five segments. The Financial Investments and Services segment is engaged in financial investment and trading, debt and equity investments and money lending business. The Brokerage and Commission segment is engaged in provision of trading in securities and futures contracts services. The Property Investments segment is involved in leasing of investment properties. The Electronic and Accessory Products segment is engaged in the trading of electronic and accessory products. The Corporate and Others segment is engaged in comprises corporate income and expense business.

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.