Top Shanghai Stocks Based on Artificial Intelligence: Returns up to 10.45% in 3 Days

Top 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 (05/10/2019 – 05/13/2019)
I Know First Average: 4.58%
Top Shanghai Stocks

The algorithm correctly predicted 9 out 10 of the suggested trades in the By Country – Shanghai Stock Forecast Package for this 3 Days forecast. 600677.SS was the highest-earning trade with a return of 10.45% in 3 Days. Additional high returns came from 600213.SS and 600354.SS, at 8.65% and 7.91% respectively. The package had an overall average return of 4.58%, providing investors with a 2.73% premium over the SHANGHAI SE’s return of 1.85% during the period.

AEROSPACE COMMUNICATIONS HOLDINGS CO., LTD. is a China-based company principally engaged in the manufacturing and sales of communication equipments, as well as the provision of relevant value-added services. The Company is also involved in the manufacturing and sales of aerospace defense equipments and textiles, as well as the property management and commodity circulation businesses. The Company mainly operates its businesses in the Mainland of China and other countries and regions all over the world.

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.