Best Hong Kong Stocks Based on Pattern Recognition: Returns up to 23.53% 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 (03/12/2019 – 03/15/2019)
I Know First Average: 3.60%
Best Hong Kong Stocks

For this 3 Days forecast the algorithm had successfully predicted 5 out of 10 movements. The highest trade return came from 0348.HK, at 23.53%. The suggested trades for 0139.HK and 1030.HK also had notable 3 Days yields of 10.53% and 8.24%, respectively. The package had an overall average return of 3.60%, providing investors with a 1.81% premium over the HANG SENG’s return of 1.79% during the period.

CHINA HEALTHWISE HOLDINGS LIMITED, formerly Haier Healthwise Holdings Limited, is a Hong Kong-based investment holding company principally engaged in toy and electronic products businesses. The Company’s main businesses include the development, design, manufacture and sales of toys, commercial kitchen products and consumer electronic products. It operates through three segments, including Manufacturing and Sale of Toys segment, Sale of Consumer Electronic Products segment, as well as Manufacturing and Sale of Commercial Kitchen Products segment. Its products include water purifiers, air conditioners, washing machines and infant formula preparation kits, 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.