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 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 (02/27/2019 – 03/13/2019)
I Know First Average: 5.38%

In this 14 Days forecast for the By Country – Shenzhen Stock Forecast Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. The top-performing prediction in this forecast was 300116.SZ, which registered a return of 16.06%. Other notable stocks were 300156.SZ and 000016.SZ with a return of 9.55% and 8.02%. The package had an overall average return of 5.38%, providing investors with a 2.48% premium over the SHANGHAI SE’s return of 2.90% during the period.

Shaanxi J&R Optimum Energy Co., Ltd, formerly Shaanxi J&R Fire Protection CO., LTD, is a China-based company principally engaged in the development of new energy vehicle power batteries. The Company operates through fire protection business and power battery business. Fire Protection segment provides fire-fighting equipment, such as fire alarms and fire extinguishing equipment; fire engineering, as well as fire engines, fire protective clothing and other fire protection equipment for fire brigades. Power Battery segment is mainly involved in the production and distribution of lithium-ion cores and lithium-ion power battery packs. The Company distributes its products in 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.