Hong Kong Stocks Based on Algo Trading: Returns up to 17.1% 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 (5/29/22 – 6/1/22)
I Know First Average: 4.52%
Hong Kong Stocks
Hong Kong Stocks chart

The algorithm correctly predicted 7 out of 10 the suggested trades in the By Country – Hong Kong Stocks Package for this 3 Days forecast. 0357.HK was the highest-earning trade with a return of 17.1% in 3 Days. 0179.HK and 2333.HK saw outstanding returns of 8.55% and 8.42%. The package had an overall average return of 4.52%, providing investors with a 1.63% premium over the HANG SENG’s return of 2.89% 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.