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 Days (9/30/2020 – 10/3/2020)
I Know First Average: 4.24%

I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this By Country – Hong Kong Stocks Package for the 3 Days time period. 3333.HK was the highest-earning trade with a return of 19.39% in 3 Days. 1211.HK and 0179.HK also performed well for this time horizon with returns of 12.2% and 3.32%, respectively. The package had an overall average return of 4.24%, providing investors with a 3.45% premium over the HANG SENG’s return of 0.79% during the period.

China Evergrande Group, formerly Evergrande Real Estate Group Limited, is principally engaged in property development. The Company operates its business through four segments: Property Development, Property Investment, Property Management and Other Businesses. The Other Businesses segment is engaged in property construction, the provision of hotel and other property development related services, insurance and fast consuming products business. Through its subsidiaries, the Company is also engaged in mineral water production and food production.

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.