Hong Kong Stocks Based on Big Data Analytics: Returns up to 22.53% in 3 Days

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: 3 Days (6/27/22 – 6/30/22)
I Know First Average: 3.58%
Hong Kong Stocks
Hong Kong Stocks chart

For this 3 Days forecast the algorithm had successfully predicted 6 out of 10 movements. The top-performing prediction in this forecast was 0285.HK, which registered a return of 22.53%. 2020.HK and 0357.HK also performed well for this time horizon with returns of 8.56% and 6.21%, respectively. The package had an overall average return of 3.58%, providing investors with a 2.93% premium over the HANG SENG’s return of 0.65% during the period.

BYD Electronic (International) Company Limited is a Hong Kong-based investment holding company principally engaged in the manufacture of handset components. The Company’s main businesses include the manufacture of handset components and modules, the design and assembly of handsets, the design and assembly of other electronic products, as well as the manufacture of electronic components. The main products include mobile phone casings and keyboards, among others. The Company operates businesses in China, European Union (EU), America, Japan and India, among others.

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.