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 (01/24/2019 – 01/31/2019)
I Know First Average: 6.51%

Several predictions in this short-term 7 Days forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. 0486.HK was the top performing prediction with a return of 16.73%. 0658.HK and 2382.HK saw outstanding returns of 12.53% and 8.90%. With these notable trade returns, the package itself registered an average return of 6.51% compared to the S&P 500’s return of 2.48% for the same period.

United Company RUSAL Plc is a Cyprus-based company principally engaged in aluminum businesses. The Company operates through four segments. Aluminum segment is engaged in the production and sales of primary aluminum and related products. Alumina segment is engaged in the mining of bauxite, the refining of bauxite into alumina and the sales of alumina. Energy segment is engaged in the mining and sales of coal, as well as the generation and transmission of electricity. Mining and Metals segment is engaged in the investment in PJSC MMC Norilsk Nickel. The Company is also engaged in the manufacture of semi-finished products from primary aluminum for the transportation, packaging and consumer goods industries, 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.