Best Hong Kong Stocks Based on Stock Prediction Algorithm: Returns up to 41.57% 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 (01/26/2018 – 01/30/2018)
I Know First Average: 5.68%
Best Hong Kong Stocks

Several predictions in this short-term 3 Days forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. 0380.HK was the top performing prediction with a return of 41.57%. 0279.HK and 0426.HK saw outstanding returns of 23.61% and 6.48%. With these notable trade returns, the package itself registered an average return of 5.68% compared to the S&P 500’s return of -0.59% for the same period.

Softpower International Limited is a Hong Kong-based investment holding company principally engaged in pipe trading. The Company’s main businesses include the wholesales, retailing and logistics operation of pipes and fittings in Hong Kong and Macau. The Company is also engaged in the provision of warehousing services and the trading of construction materials through its subsidiaries.

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.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.