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: 14 Days (02/25/2019 – 03/11/2019)
I Know First Average: 6.51%

8 out of 10 stock prices in this forecast for the By Country – Shanghai Stock Forecast Package moved as predicted by the algorithm. 600050.SS was our best stock pick this week a return of 15.44%. 600809.SS and 600703.SS followed with returns of 14.89% and 13.94% for the 14 Days period. The package had an overall average return of 6.51%, providing investors with a -1.43% premium over the SHANGHAI SE’s return of 7.94% during the period.

China United Network Communications Limited is a China-based company principally engaged in the telecommunication industry. The Company operates business through Mobile Communication segment and Fixed Network segment. Mobile Communication segment provides global system for mobile communications (GSM) services and 3rd-generation (3G) services, among others. Fixed Network segment provides fixed network broadband and data communication services, traditional fixed network services and other services. The Company is also engaged in broadband and convergence businesses. The Company operates its business in domestic 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.