Best Hong Kong Stocks Based on Stock Algorithm: Returns up to 12.66% 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 (08/17/2018 – 08/21/2018)
I Know First Average: 4.61%
Best Hong Kong Stocks

Several predictions in this short-term 3 Days forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. 0245.HK was the top performing prediction with a return of 12.66%. 0992.HK and 2280.HK saw outstanding returns of 9.57% and 7.59%. With these notable trade returns, the package itself registered an average return of 4.61% compared to the S&P 500’s return of 0.78% for the same period.

China Minsheng Financial Holding Corporation Limited is a comprehensive financial service platform which principally engaged in investment business, securities business, asset management services business and investment banking business. The Company operates through four segments: Investment Holding segment is engaged in the propriety trading and strategic investment in Mainland China, Hong Kong and other countries or regions, Securities Brokerage segment is engaged in the provision of securities brokerage services and securities advisory in Hong Kong, Asset Management segment is engaged in the provision of asset management services and Investment Banking segment is engaged in the financial consultancy and corporate financing services.

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.