Top Shenzhen Stocks

This forecast for Shenzen 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 top Shenzhen stocks with bullish and bearish signals:

• • Top 10 Shenzhen stocks for the long position
  • Top 10 Shenzhen stocks for the short position

Package Name: By Country – Shenzhen Stock Forecast
Recommended Positions: Long
Forecast Length: 14 Days (03/06/2019 – 03/20/2019)
I Know First Average: 4.05%

For this 14 Days forecast the algorithm had successfully predicted 9 out of 10 movements. The highest trade return came from 000016.SZ, at 13.44%. The suggested trades for 002262.SZ and 000338.SZ also had notable 14 Days yields of 10.48% and 7.71%, respectively. The package had an overall average return of 4.05%, providing investors with a 4.05% premium over the SHANGHAI SE’s return of 0.00% during the period.

KONKA GROUP CO.,LTD is a China-based company principally engaged in the manufacture and sale of color televisions (TVs), mobile phones and white goods. The Company’s color TV business mainly includes the domestic sale, overseas sale and Internet business of color TVs. The white goods of the Company consist of refrigerators, washing machines air conditioners and freezers, among others. The Company distributes its products in domestic market and to overseas markets, such as Asia Pacific, Middle East, Central and South America and East Europe.

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.