Best Shanghai Stocks Based on Artificial Intelligence: Returns up to 60.69% 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 (02/15/2019 – 05/16/2019)
I Know First Average: 26.86%
Best Shanghai Stocks

The algorithm correctly predicted 9 out 10 of the suggested trades in the By Country – Shanghai Stock Forecast Package for this 3 Months forecast. 600446.SS was the highest-earning trade with a return of 60.69% in 3 Months. Additional high returns came from 600438.SS and 600809.SS, at 43.44% and 36.19% respectively. The package had an overall average return of 26.86%, providing investors with a 18.18% premium over the SHANGHAI SE’s return of 8.68% during the period.

SHENZHEN KINGDOM SCI-TECH CO., LTD is principally engaged in software and system integration business. The Company operates its businesses through development of financial security software; system integration for industries such as government, financial, corporate and education, among others, as well as information technology (IT) devices distribution. The Company also involves in system maintenance, technology services, commodities distribution, as well as construction and installation engineering. The Company’s software products include financial securities software, system integration and services, among others. It distributes its products primarily in domestic market.

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.