Best Hong Kong Stocks Based on Deep Learning: Returns up to 7.69% 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 (08/20/2018 – 08/23/2018)
I Know First Average: 2.65%
Best Hong Kong Stocks

8 out of 10 stock prices in this forecast for the By Country – Hong Kong Stocks Package moved as predicted by the algorithm. 0245.HK was our best stock pick this week a return of 7.69%. 3333.HK and 2280.HK followed with returns of 7.65% and 6.46% for the 3 Days period. The package saw an overall yield of 2.65% versus the S&P 500’s return of 0.24% implying a market premium of 2.41%.

China Minsheng Financial Holding Corporation Limited is a comprehensive financial service platform which principally engaged in investment business, securities business, asset management services business and investment banking business. The Company operates through four segments: Investment Holding segment is engaged in the propriety trading and strategic investment in Mainland China, Hong Kong and other countries or regions, Securities Brokerage segment is engaged in the provision of securities brokerage services and securities advisory in Hong Kong, Asset Management segment is engaged in the provision of asset management services and Investment Banking segment is engaged in the financial consultancy and corporate 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.