Top Shanghai Stocks Based on Artificial Intelligence: Returns up to 21.03% 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 (05/19/2019 – 05/22/2019)
I Know First Average: 3.93%
Top Shanghai Stocks

The algorithm correctly predicted 6 out 10 of the suggested trades in the By Country – Shanghai Stock Forecast Package for this 3 Days forecast. 600366.SS was the highest-earning trade with a return of 21.03% in 3 Days. Additional high returns came from 600392.SS and 600111.SS, at 16.98% and 16.11% respectively. The package had an overall average return of 3.93%, providing investors with a 3.11% premium over the SHANGHAI SE’s return of 0.82% during the period.

NINGBO YUNSHENG CO., LTD. is a China-based company, principally engaged in the manufacture and distribution of rare earth permanent magnets and electric motors. The Company’s major products are neodymium-iron-boron magnets and electric motors. The Company distributes its products in domestic and overseas markets, with domestic markets as its major 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.