Hong Kong Stocks Based on Algorithmic Trading: Returns up to 38.51% 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 Hong Kong 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 (9/2/2020 – 10/2/2020)
I Know First Average: 4.69%
Hong Kong Stocks
Hong Kong Stocks chart

During the 1 Month forecasted period several picks in the By Country – Hong Kong  Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. The top performing prediction from this package was 1211.HK with a return of 38.51%. 0425.HK, and 0285.HK had notable returns of 16.64% and 16.1%. The package had an overall average return of 4.69%, providing investors with a 11.54% premium over the HANG SENG’s return of -6.85% 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.