Shanghai Stocks Based on Artificial Intelligence: Returns up to 57.25% in 1 Month

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 & Short
Forecast Length: 1 Month (05/10/2019 – 06/10/2019)
I Know First Average: 6.55% (Long) & 29.51% (Short)
Shanghai Stocks

During the 1 Month forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from 600666.SS which registered a return of 57.25%. For the long positions the largest growth was registered by 600354.SS with a return of 47.26%, during the same period. The package itself, had an overall average return of 6.55%, in the long position, providing a premium of 5.99% over the SP500’s return of 0.56%. With regards to the short position, the package had an overall average return of 29.51%, providing investors with a premium of 29.47% over S&P500’s return of 0.04%. The I Know First’s Stock Market Algorithm accurately forecasted 7 out of 10 stocks, for the long position, and 10 out of 10 stocks, for the short position for this 1 Month forecasted period.

AURORA OPTOELECTRONICS CO., LTD, formerly SOUTHWEST PHARMACEUTICAL CO., LTD., is a China-based company, principally engaged in the research and development, manufacture and distribution of sapphire crystal materials, sapphire crystal growth equipment and sapphire products. The Company is also engaged in the research and development, manufacture and distribution of precision machining equipment for hard and brittle materials and three dimensional (3D) glass hot bending equipment. The Company conducts its businesses within domestic markets and Hongkong, Macao and Taiwan.

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.