Best Shanghai Stocks Based on Artificial Intelligence: Returns up to 34.04% in 3 Months

Best Shanghai Stocks

This forecast for Shanghai Stocks 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 Shanghai stocks for the long position
  • Top 10 Shanghai stocks for the short position

Package Name: By Country – Shanghai Stock Forecast
Recommended Positions: Long
Forecast Length: 3 Months (02/14/2019 – 05/14/2019)
I Know First Average: 20.03%
Best Shanghai Stocks

In this 3 Months forecast for the By Country – Shanghai Stock Forecast Package, there were many high performing trades and the algorithm correctly predicted 10 out 10 trades. The top-performing prediction in this forecast was 603019.SS, which registered a return of 34.04%. Other notable stocks were 600776.SS and 600809.SS with a return of 32.63% and 27.95%. The package had an overall average return of 20.03%, providing investors with a 14.06% premium over the SHANGHAI SE’s return of 5.97% during the period.

Dawning Information Industry Co., Ltd. is a China-based company mainly engaged in the provision of information technology services. The Company’s primary businesses include the research, development and manufacturing of high-performance computers, storage and related equipments, among others. The Company is also involved in the provision of software development, system integration and technical 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.