Hong Kong Stocks Based on AI: Returns up to 14.08% in 3 Days

Hong Kong Stocks

This 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:

  • Top 10 Hong Kong stocks for the long position
  • Top 10 Hong Kong stocks for the short position

Package Name: By Country – Hong Kong Stocks
Recommended Positions: Long
Forecast Length: 3 Days (2/7/2020 – 2/10/2020)
I Know First Average: 3.54%
Hong Kong Stocks
Hong Kong Stocks chart

6 out of 10 stock prices in this forecast for the By Country – Hong Kong Stocks Package moved as predicted by the algorithm. The highest trade return came from 0777.HK, at 14.08%. 0268.HK and 0570.HK also performed well for this time horizon with returns of 7.98% and 7.4%, respectively. The package had an overall average return of 3.54%, providing investors with a 4.46% premium over the HANG SENG’s return of -0.92% during the period.

NetDragon Websoft Holdings Limited is a Hong Kong-based investment holding company principally engaged in the development and operation of online games. The Company operates through three segments. Online Game segment is engaged in the development, operation and marketing of personal computer (PC) games, web-based games and mobile games. Its online games include Conquer Online, Eudemons Online, Calibur of Spirit and Disney Fantasy Online, among others. Education segment is engaged in the design and development of education products. Mobile Solution and Mobile Marketing segment is engaged in the provision of mobile solutions and mobile marketing businesses.

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.