Hong Kong Stocks Based on AI: Returns up to 64.24% in 1 Month

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: 1 Month (5/31/2020 – 7/1/2020)
I Know First Average: 12.28%
Hong Kong Stocks
Hong Kong Stocks chart

The algorithm correctly predicted 6 out 10 of the suggested trades in the By Country – Hong Kong Stocks Package for this 1 Month forecast. The top performing prediction from this package was 0816.HK with a return of 64.24%. 3333.HK and 2382.HK also performed well for this time horizon with returns of 23.15% and 21.09%, respectively. The package had an overall average return of 12.28%, providing investors with a 5.90% premium over the HANG SENG’s return of 6.38% 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.