Hong Kong Stocks

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: 7 Days (4/9/24 – 4/16/24)
I Know First Average: 1.23%

During the 7 Days forecasted period several picks saw significant returns. The algorithm has correctly predicted 7 out of 10 returns. The highest trade return came from 2333.HK, at 11.95%. 3993.HK and 2899.HK saw outstanding returns of 3.61% and 3.46%. The package had an overall average return of 1.23%, providing investors with a 4.12% premium over the HANG SENG’s return of -2.89% 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.