Best Hong Kong Stocks Based on Genetic Algorithms: Returns up to 24.84% 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 (02/19/2019 – 02/22/2019)
I Know First Average: 7.05%
Best Hong Kong Stocks

Several predictions in this short-term 3 Days forecast saw significant returns. The algorithm had correctly predicted 10 out 10 stock movements. 0547.HK was the top performing prediction with a return of 24.84%. 0227.HK and 0732.HK saw outstanding returns of 13.56% and 10.64%. The package had an overall average return of 7.05%, providing investors with a 5.39% premium over the HANG SENG’s return of 1.66% during the period.

DIGITAL DOMAIN HOLDINGS LIMITED is a Hong Kong-based investment holding company principally engaged in media entertainment businesses. The Company operates through three segments. Media Entertainment segment is engaged in the provision of visual effects production services, virtual reality and 360 degree camera technology services, as well as virtual human businesses. Property Investment segment is engaged in the holding of shops and car parking spaces in the Citicorp Center, Causeway Bay, Hong Kong. Trading segment is engaged in the trading of metal scraps.

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.