Hong Kong Stocks Based on Algorithmic Trading: Returns up to 65.08% in 3 Months

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: 3 Months (2/6/24 – 5/6/24)
I Know First Average: 37.2%
Hong Kong Stocks
Hong Kong Stocks chart

During the 3 Months forecasted period several picks saw significant returns. The algorithm has correctly predicted 10 out of 10 returns. 0038.HK was our best stock pick with a return of 65.08%. 1308.HK and 2899.HK also performed well for this time horizon with returns of 59.05% and 49.48%, respectively. The package had an overall average return of 37.2%, providing investors with a 17.42% premium over the HANG SENG’s return of 19.78% 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.