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 (9/24/24 – 9/27/24)
I Know First Average: 17.18%

10 out of 10 stock prices in this forecast for the By Country – Hong Kong Stocks Package moved as predicted by the algorithm. 0241.HK was the top performing prediction with a return of 31.21%. Further notable returns came from 1999.HK and 0921.HK at 25.48% and 25.43%, respectively. The package had an overall average return of 17.18%, providing investors with a 4.11% premium over the HANG SENG’s return of 13.07% during the period.

ALIBABA HEALTH Information Technology Limited is an investment holding company mainly engaged in the pharmaceutical e-commerce business. Along with subsidiaries, the Company operates its business through two segments. The Pharmaceutical E-commerce segment is involved in operation of the business to consumer (B2C) pharmacy business, provision of outsourced and value-added services to the Tmall Entities, centralised procurement and distribution business and other related services. The Product Tracking Platforms segment provides system services of product identification, authentication and tracking. In addition, it is also engaged in the intelligent medicine business.

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.