Best Shenzhen Stocks To Short

This forecast for Shenzhen 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 Shenzhen stocks for the long position
  • Top 10 Shenzhen stocks for the short position

Package Name: By Country – Shenzhen Stock Forecast
Recommended Positions: Long & Short
Forecast Length: 7 Days (05/22/2019 – 05/29/2019)
I Know First Average: 6.82% (Long) & 2.43% (Short)

During the 7 Days forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from 002175.SZ which registered a return of 18.15%. For the long positions the largest growth was registered by 000795.SZ with a return of 30.78%, during the same period. The package itself, had an overall average return of 6.82%, in the long position, providing a premium of 9.66% over the SHANGHAI SE’s return of -2.84%. With regards to the short position, the package had an overall average return of 2.43%, providing investors with a premium of 2.13% over SHANGHAI SE’s return of 0.30%. The I Know First’s Stock Market Algorithm accurately forecasted 7 out of 10 stocks, for the long position, and 5 out of 10 stocks, for the short position for this 7 Days forecasted period.

INNUOVO TECHNOLOGY CO.,LTD., formerly TAIYUAN TWIN TOWER ALUMINUM OXIDE CO., LTD., is a China-based company principally engaged in the research, development, manufacture and distribution of rare-earth permanent magnetic materials and products, motor products, as well as logistics and intelligent fire equipment. The Company’s main products include neodymium iron boron, motors, Automated Storage and Retrieval Systems (AS/RS) and diamond products. The Company operates its businesses in domestic market and overseas markets.

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

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.