Hong Kong Stocks Based on Big Data: Returns up to 6.21% 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 (4/17/23 – 4/20/23)
I Know First Average: 1.42%
Hong Kong Stocks
Hong Kong Stocks chart

This By Country – Hong Kong Stocks Package forecast has correctly predicted 8 out of 10 stock movements. 3993.HK was the top performing prediction with a return of 6.21%. 0347.HK and 1378.HK also performed well for this time horizon with returns of 3.46% and 3.26%, respectively. The package had an overall average return of 1.42%, providing investors with a 1.62% premium over the HANG SENG’s return of -0.2% 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.