Hong Kong Stocks Based on Algorithmic Trading: Returns up to 32.22% 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:

  • 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: 7 Days (11/2/2020 – 11/9/2020)
I Know First Average: 15.61%
Hong Kong Stocks
Hong Kong Stocks chart

In this 7 Days forecast for the By Country – Hong Kong Stocks Package, there were many high performing trades and the algorithm correctly predicted 10 out 10 trades. 0175.HK was the top performing prediction with a return of 32.22%. 1211.HK and 2382.HK saw outstanding returns of 27.19% and 23.95%. The package had an overall average return of 15.61%, providing investors with a 7.69% premium over the HANG SENG’s return of 7.92% during the period.

Geely Automobile Holdings Limited, an investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China. It engages in the research, development, production, marketing, and sale of automobiles, automobile parts, and related automobile components.

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.