Hong Kong Stocks Based on Machine Learning: Returns up to 17.65% in 7 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 Hong Kong 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 & Short
Forecast Length: 7 Days (9/29/2019 – 10/8/2019)
I Know First Average: 3.19% (Long) & 5.06% (Short)
Hong Kong Stocks
Hong Kong Stocks chart
Hong Kong Stocks chart
During the 7 Days forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from 0223.HK which registered a return of 5.83%. For the long positions the largest growth was registered by 0161.HK with a return of 17.65%, during the same period. The package itself, had an overall average return of 3.19%, in the long position, providing a premium of 5.51% over the SP500’s return of -2.32%. With regards to the short position, the package had an overall average return of 5.06%, providing investors with a premium of 5.30% over S&P500’s return of -0.24%. The I Know First’s Stock Market Algorithm accurately forecasted 8 out of 10 stocks, for the long position, and 5 out of 10 stocks, for the short position for this 7 Days forecasted 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

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.