Best Hong Kong Stocks Based on Stock Prediction Algorithm: Returns up to 28.27% in 7 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: 7 Days (10/31/2018 – 11/07/2018)
I Know First Average: 4.00%
Best Hong Kong Stocks

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this By Country – Hong Kong Stocks Package for the 7 Days time period. The greatest return came from 0376.HK at 28.27%. 0175.HK and 6837.HK also performed well for this time horizon with returns of 10.47% and 7.46%, respectively. The package itself saw an overall return of 4.00%, providing investors with a -0.89% premium above the S&P 500’s return of 4.89% for the same time period.

Yunfeng Financial Group Limited, formerly REORIENT GROUP LIMITED, is a Hong Kong-based investment holding company principally engaged in security businesses. The Company operates through three segments. Securities Brokerage segment is engaged in the provision of brokerage services in exchange markets in Hong Kong, Shanghai and overseas. Securities Placing and Underwriting segment is engaged in the placing and underwriting of securities. Consultancy and Advisory segment is engaged in the provision of finance consultancy and advisory 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.