Top Shanghai Stocks

This forecast for top 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: 14 Days (05/19/2019 – 06/02/2019)
I Know First Average: 4.35%

The algorithm correctly predicted 7 out 10 of the suggested trades in the By Country – Shanghai Stock Forecast Package for this 14 Days forecast. 600338.SS was the highest-earning trade with a return of 17.88% in 14 Days. Additional high returns came from 600354.SS and 600366.SS, at 16.09% and 14.71% respectively. The package had an overall average return of 4.35%, providing investors with a 3.53% premium over the SHANGHAI SE’s return of 0.82% during the period.

TIBET SUMMIT RESOURCES CO., LTD., formerly TIBET SUMMIT INDUSTRY CO., LTD, is a China-based company principally engaged in mining and beneficiation of non-ferrous metals, as well as the production and sales of related products.

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.