Stock Picking Algorithm

This forecast is part of the package “By Country”, as one of I Know First’s algorithmic trading tools. The full forecast includes a daily predictions for a total of 20 stocks with bullish and bearish signals:

• Top ten Hong Kong stocks picks to long
• Top ten Hong Kong stocks picks to short

Package Name: By Country – Hong Kong Stocks Forecast
Recommended Position: Long
Forecast Length: 14 Days (9/27/16 – 10/11/16)
I Know First Average: 8.68%

The Hong Kong Stocks Package forecast from 9/27/16 included the top 10 stocks for the long positions. 9 out of 10 stocks were correctly predicted by the algorithm. The most impressive stock for the long position was 0364.HK with a return of 28.21%. Other top performing stock from the forecast long position was 0310.HK with solid return of 17.53%. The average return for the long position was 8.68%. The average return significantly outperformed the S&P 500 return of -0.44%, with a market premium of 9.12%, during the same time horizon.

Ping Shan Tea Group Limited (0364.HK) together with its subsidiaries, was is founded in Fujian Province in 1988.  In 2002 it became listed on the Hong Kong Stock Exchange. The Group completed assets restructure in 2013 and successfully developed into fast-growing tea business. The Group changed its name to Ping Shan Tea Group Limited in 2013 and sold all of its previous textile business in 2014.

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

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.