Best Hong Kong Stocks Based on Stock Algorithm: Returns up to 63.91% in 14 Days

Best Hong Kong Stocks

This Best Hong Kong Stocks 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: 14 Days (02/21/2019 – 03/07/2019)
I Know First Average: 11.12%
Best Hong Kong Stocks

During the 14 Days forecasted period several picks in the By Country – Hong Kong Stocks Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. The prediction with the highest return was 0378.HK, at 63.91%. Further notable returns came from 0139.HK and 0227.HK at 46.00% and 11.86%, respectively. The package had an overall average return of 11.12%, providing investors with a 10.19% premium over the HANG SENG’s return of 0.93% during the period.

FDG Kinetic Limited is an investment holding company mainly engaged in the manufacturing and sale of cathode materials for lithium ferrous phosphate (LFP) batteries. Along with subsidiaries, the Company operates its business through two segments. The Battery Materials Production segment is engaged in the research, development, manufacturing and sale of cathode materials for nickel, cobalt and manganese (NCM) lithium ion batteries, as well as LFP batteries. The Direct Investments segment is engaged in loan financing, securities trading and asset 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.

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.