Hong Kong Stocks Based on Big Data Analytics : Returns up to 56.89% in 1 Year

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: 1 Year (10/9/2018 – 10/9/2019)
I Know First Average: 5.43%
Hong Kong Stocks
Hong Kong Stocks chart

For this 1 Year forecast the algorithm had successfully predicted 7 out of 10 movements. The top-performing prediction in this forecast was 1030.HK, which registered a return of 56.89%. Other notable stocks were 2382.HK and 0384.HK with a return of 46.81% and 46.54%. The package had an overall average return of 5.43%, providing investors with a 7.41% premium over the HANG SENG’s return of -1.98% during the period.

Future Land Development Holdings Limited is principally engaged in the development, investment, management and sales of properties. The Company operates through two business segments. The A Share Company segment is mainly engaged in the development of residential properties and mixed-use complexes for sale and investment. The Non-A Share Companies segment is mainly engaged in the management of properties and provision of other services, including certain newly established businesses which are at state-up stage. The Company is also involved in the provision of construction design and consulting services, department store management services, as well as the investment and property marketing research services through its subsidiaries.

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.