Best Hong Kong Stocks Based on Stock Prediction Algorithm: Returns up to 12.24% 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 (07/20/2018 – 07/23/2018)
I Know First Average: 1.42%
Best Hong Kong Stocks

In this 3 Days forecast for the By Country – Hong Kong Stocks Package, there were many high performing trades and the algorithm correctly predicted 6 out 10 trades. The top-performing prediction in this forecast was 0295.HK, which registered a return of 12.24%. Other notable stocks were 0279.HK and 0547.HK with a return of 8.65% and 4.55%. The package had an overall average return of 1.42%, providing investors with a premium of 1.33% over the S&P 500’s return of 0.09% during the same period.

Kong Sun Holdings Limited is a Hong Kong-based company principally engaged in electricity businesses. The Company operates through four segments. Photovoltaic segment is engaged in the generation and sales of electricity and the trading of solar energy-related products. Manufacturing and Sales of Life-like Plants segment is engaged in the manufacture and sales of life-like plants. Properties Investment segment is engaged in the leasing of properties to gain rental income and appreciation in the properties’ value. Securities Investment segment is engaged in the trading of listed securities.

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.