Hong Kong Stocks Based on Big Data: Returns up to 18.06% in 3 Days

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 (6/12/2020 – 6/16/2020)
I Know First Average: 2.05%
Hong Kong Stocks
Hong Kong Stocks chart

The algorithm correctly predicted 6 out 10 of the suggested trades in the By Country – Hong Kong Stocks Package for this 3 Days forecast. The greatest return came from 0931.HK at 18.06%. 3333.HK, and 2382.HK had notable returns of 5.69% and 3.77%. The package had an overall average return of 2.05%, providing investors with a 2.61% premium over the HANG SENG’s return of -0.56% during the period.

China LNG Group Limited is a Hong Kong-based investment holding company engaged in natural gas-related businesses, property investment, money lending and the trading of securities. The Company operates through four segments. Liquefied Natural Gas (LNG) segment includes three businesses. It provides finance through finance leasing services for LNG vehicles, vessels and equipment. It provides natural gas for commercial vehicles, vessels and equipments through refueling stations and refueling facilities. It also provides commercial vehicle platform services through Environmental Green Club, including long distance information technology (IT) control for commercial vehicle users, insurance handling and the purchasing and sales of LNG vehicles, among others. Trading of Securities segment is engaged in the trading of securities. Properties Investment segment invests in properties. Money Lending segment provides financial services through the provision of money lending businesses.

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.