Hong Kong Stocks Based on a Self-learning Algorithm: Returns up to 30.34% in 7 Days
Hong Kong Stocks
This Hong Kong Stocks forecast 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:
Package Name: By Country – Hong Kong Stocks
Recommended Positions: Long
Forecast Length: 7 Days (10/5/21 – 10/12/21)
I Know First Average: 4.71%
The algorithm correctly predicted 7 out 10 of the suggested trades in the By Country – Hong Kong Stocks Package for this 7 Days forecast. The top-performing prediction in this forecast was 0127.HK, which registered a return of 30.34%. Other notable stocks were 2333.HK and 1211.HK with a return of 10.55% and 4.96%. The package had an overall average return of 4.71%, providing investors with a 0.86% premium over the HANG SENG’s return of 3.85% during the period.
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.