Best Hong Kong Stocks Based on Genetic Algorithms: Returns up to 26.17% 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 (05/29/2018 – 06/01/2018)
I Know First Average: 3.58%
Best Hong Kong Stocks

Several predictions in this short-term 3 Days forecast saw significant returns. The algorithm had correctly predicted 5 out 10 stock movements. 0128.HK was the top performing prediction with a return of 26.17%. 0419.HK and 0241.HK saw outstanding returns of 16.67% and 3.69%. With these notable trade returns, the package itself registered an average return of 3.58% compared to the S&P 500’s return of 0.49% for the same period.

ENM Holdings Limited is a Hong Kong-based investment holding company principally engaged in fashion wear, resorts and investment-related businesses. The Company operates through three segments. Wholesale and Retail of Fashion Wear and accessories segment is engaged in the trading of fashion wears and accessories. Resort and Recreational Club Operations segment is engaged in the provision of resort and recreational facilities, including lodging and catering services. Investments and Treasury segment is engaged in treasury operation and investment.

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.