Best Shanghai Stocks Based on Big Data Analytics: Returns up to 20.98% in 3 Days

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 Days (03/22/2019 – 03/25/2019)
I Know First Average: 3.16%
Best Shanghai Stocks

Several predictions in this short-term 3 Days forecast saw significant returns. The algorithm had correctly predicted 6 out 10 stock movements. 600345.SS was the top performing prediction with a return of 20.98%. 600536.SS and 600072.SS saw outstanding returns of 12.47% and 9.48%. The package had an overall average return of 3.16%, providing investors with a 5.04% premium over the SHANGHAI SE’s return of -1.88% during the period.

WuHan Yangtze Communication Industry Group Co., Ltd is a China-based company principally engaged in the sales, system integration and operation of intelligent application products and solutions. The Company’s main products include intelligent terminals, such as the Beidou Positioning Terminal, video monitoring terminals and mobile communication terminals; management platforms and information application software, as well as information electronics accessories and materials. The Company distributes its products 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.