Best Hong Kong Stocks Based on Pattern Recognition: Returns up to 10.94% 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 (03/24/2019 – 04/01/2019)
I Know First Average: 4.93%
Best Hong Kong Stocks

In this 7 Days forecast for the By Country – Hong Kong Stocks Package, there were many high performing trades and the algorithm correctly predicted 10 out 10 trades. The top-performing prediction in this forecast was 1109.HK, which registered a return of 10.94%. Other notable stocks were 2319.HK and 0700.HK with a return of 9.57% and 7.20%. The package had an overall average return of 4.93%, providing investors with a 3.39% premium over the HANG SENG’s return of 1.54% during the period.

China Resources Land Limited is an investment holding company mainly engaged in the development of properties for sale. Along with subsidiaries, the Company operates its business through four segments: The Development Properties for Sale segment, the Property Investment and Management segment, the Hotel Operations segment, the Construction, Decoration Service and Others segment. The Company’s investment properties include commercial buildings, offices and hotels, among others. Its major investment properties include Shenzhen MIXc, Hangzhou MIXc, Shenyang MIXc, Beijing CR Building, Beijing Qinghe Hi5 Office, among others.

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.