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 (04/01/2019 – 04/04/2019)
I Know First Average: 16.29%

For this 3 Days forecast the algorithm had successfully predicted 8 out of 10 movements. The highest trade return came from 600155.SS, at 41.39%. The suggested trades for 600352.SS and 600093.SS also had notable 3 Days yields of 33.72% and 24.71%, respectively. The package had an overall average return of 16.29%, providing investors with a 11.25% premium over the SHANGHAI SE’s return of 5.04% during the period.

Polaris Bay Group Co., Ltd., formerly HEBEI BAOSHUO CO., LTD., is a China-based company principally engaged in security businesses. The Company’s security businesses include security brokerage business, credit trading business, investment banking business, asset management business and security self-operation business. The Company is also engaged in the manufacture and sales of polyvinyl chloride (PVC) pipes, polyethylene (PE) pipes, PVC profiles and others. The Company’s pipes and profiles are applied in urban water supply, drainage, sewage, gas and municipal engineering. The Company distributes its products mainly within domestic market.

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.