Hong Kong Stocks Based on Algo Trading: Returns up to 19.12% in 1 Month

Hong Kong Stocks

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 (4/28/24 – 5/28/24)
I Know First Average: 8.24%
Hong Kong Stocks
Hong Kong Stocks chart

During the 1 Month forecasted period several picks saw significant returns. The algorithm has correctly predicted 8 out of 10 returns. 1308.HK was the highest-earning trade with a return of 19.12% in 1 Month. 2333.HK and 1208.HK saw outstanding returns of 15.86% and 12.67%. The package had an overall average return of 8.24%, providing investors with a 1.61% premium over the HANG SENG’s return of 6.63% 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.