Shenzhen Stocks

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
Forecast Length: 3 Days (06/21/2019 – 06/24/2019)
I Know First Average: 2.13%

The algorithm correctly predicted 7 out 10 of the suggested trades in the By Country – Shenzhen Stock Forecast Package for this 3 Days forecast. 000570.SZ was the highest-earning trade with a return of 9.94% in 3 Days. Additional high returns came from 002235.SZ and 000826.SZ, at 6.35% and 5.25% respectively. The package had an overall average return of 2.13%, providing investors with a 1.43% premium over the SHANGHAI SE’s return of 0.70% during the period.

CHANGCHAI COMPANY, LIMITED is a China based company principally engaged in the production and sales of diesel engines. The Company’s main product is Changchai trademark of middle-size and small-size single cylinder and multi-cylinder diesel engines. The Company’s products are mainly used in tractors, combine harvesters, light commercial vehicles, agricultural equipments, small construction machinery, generator sets and ship engines. The Company distributes its products within the domestic market and to 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

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.