Best Hong Kong Stocks Based on Genetic Algorithms: Returns up to 18.52% in 14 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: 14 Days (10/24/2018 – 11/07/2018)
I Know First Average: 5.43%
Best Hong Kong Stocks

This By Country – Hong Kong Stocks Package forecast had correctly predicted 7 out of 10 stock movements. The top performing prediction from this package was 1177.HK with a return of 18.52%. 6837.HK, and 1093.HK had notable returns of 14.38% and 11.52%. The package’s overall average return was 5.43%, providing investors with a 2.76% premium over the S&P 500’s return of 2.67% during the same period.

Sino Biopharmaceutical Limited is an investment holding company principally engaged in the medicine products business. The Company operates through three business segments. The Modernized Chinese Medicines and Chemical Medicines segment is engaged in the manufacture, sales and distribution of modernized Chinese medicine products and western medicine products. The Investment segment is engaged in long term investments. The Others segment is engaged in the provision of research and development activities and services to third parties, as well as related healthcare and hospital business. The Company is also involved in the property holding, the sales of health food, the manufacture and optometry of optical glasses, as well as the retail and wholesale of optical and auditory products through its subsidiaries.

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.