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 (01/30/2019 – 04/30/2019)
I Know First Average: 37.48%

In this 3 Months forecast for the By Country – Shanghai Stock Forecast Package, there were many high performing trades and the algorithm correctly predicted 10 out 10 trades. The top-performing prediction in this forecast was 600604.SS, which registered a return of 89.22%. Other notable stocks were 600776.SS and 603019.SS with a return of 69.20% and 49.61%. The package had an overall average return of 37.48%, providing investors with a 18.82% premium over the SHANGHAI SE’s return of 18.66% during the period.

SHANGHAI SHIBEI HI-TECH CO., LTD. is a China-based company, principally engaged in the development, investment and sales of real estate, and the provision of related services. The Company is also engaged in the leasing of properties. The Company operates its businesses in domestic markets, with Shanghai as its major 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.