Top Shanghai Stocks Based on Artificial Intelligence: Returns up to 69.60% in 3 Months

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 Months (02/07/2019 – 05/07/2019)
I Know First Average: 27.56%
Top Shanghai Stocks

During the 3 Months forecasted period several picks in the By Country – Shanghai Stock Forecast Package saw significant returns. The algorithm had correctly predicted 10 out 10 returns. The prediction with the highest return was 600776.SS, at 69.60%. Further notable returns came from 600438.SS and 600276.SS at 37.67% and 30.50%, respectively. The package had an overall average return of 27.56%, providing investors with a 15.79% premium over the SHANGHAI SE’s return of 11.77% during the period.

EASTERN COMMUNICATIONS CO., LTD is a China-based company principally engaged in communication electronic businesses. The Company’s main businesses include enterprise network and information security business based on private network communications, intelligent self-service equipment based on financial electronics and integrated services and operations based on information and communication technology services. Its products include financial electronics products, personal communication products, mobile communication products and others. The Company operates businesses in domestic and overseas 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.