Best Hong Kong Stocks Based on Genetic Algorithms: Returns up to 18.65% 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 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: 7 Days (06/05/2018 – 06/12/2018)
I Know First Average: 2.85%
Best Hong Kong Stocks

For this 7 Days forecast the algorithm had successfully predicted 7 out of 10 movements. The highest trade return came from 0241.HK, at 18.65%. The suggested trades for 0496.HK and 0245.HK also had notable 7 Days yields of 16.20% and 4.17%, respectively. The overall average return in this By Country – Hong Kong Stocks package was 2.85%, providing investors with a 1.39% premium over the S&P 500’s return of 1.46% during the same period.

ALIBABA HEALTH Information Technology Limited is an investment holding company mainly engaged in the pharmaceutical e-commerce business. Along with subsidiaries, the Company operates its business through two segments. The Pharmaceutical E-commerce segment is involved in operation of the business to consumer (B2C) pharmacy business, provision of outsourced and value-added services to the Tmall Entities, centralised procurement and distribution business and other related services. The Product Tracking Platforms segment provides system services of product identification, authentication and tracking. In addition, it is also engaged in the intelligent medicine 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.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.