Hong Kong Stocks Based on Machine Learning: Returns up to 105.0% in 1 Year

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 40 Hong Kong stocks with bullish and bearish signals:

  • Top 20 Hong Kong stocks for the long position
  • Top 20 Hong Kong stocks for the short position

Package Name: By Country – Hong Kong Stocks
Recommended Positions: Long
Forecast Length: 1 Year (9/14/2018 – 9/15/2019)
I Know First Average: 8.53%
Hong Kong Stocks
Hong Kong Stocks chart

13 out of 20 stock prices in this forecast for the By Country – Hong Kong Stocks Package moved as predicted by the algorithm. 0496.HK was the highest-earning trade with a return of 105.0% in 1 Year. Further notable returns came from 1918.HK and 2338.HK at 43.12% and 39.91%, respectively. The package had an overall average return of 8.53%, providing investors with a 7.28% premium over the HANG SENG’s return of 1.25% during the period.

KASEN INTERNATIONAL HOLDINGS LIMITED is a Hong Kong-based investment holding company principally engaged in manufacture, property and travel businesses. The Company operates through three segments. Manufacture segment is engaged in the manufacture of upholstered furniture. Its products include sofa and sofa cut-and-sew. Property Development segment is engaged in property development. The properties under the Company include Asia Bay, Qianjiang Continent and Changbai Paradise, among others. Others segment is engaged in tourism resort-related businesses, such as the operation of tourism resorts, the operation of hotels and restaurants, as well as the provision of travel-related services.

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 20 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.