Hong Kong Stocks

This forecast is part of the package “By Country”, as one of I Know First’s algorithmic trading tools. The full forecast includes a daily predictions for a total of 20 stocks with bullish and bearish signals:

• Top ten Hong Kong stocks picks to long
• Top ten Hong Kong stocks picks to short

Recommended Positions: Long and Short
Forecast Length: 14 days (11/10/15 – 11/24/15)
I Know First Average: 5.97% (long), 2.98% (short)

The Hong Kong Stocks Package forecast from 11/10/2015 included the top 10 stocks for the long positions. Eight out of ten stocks were correctly predicted by the algorithm. The most impressive stock for the long position was 2323.HK with a return of 49.35%. Other top performing stock from the forecast long position was 8317.HK with solid return of 39.4%. The average return for the long position was 5.97%. The average return significantly outperformed the S&P 500 return of 0.51% during the same time horizon. For the short position the top-performing stock was 8173.HK with a return of 7.46%. Another top-performing stock was 0364.HK with a return of 6.67%. The average return of 2.98% for the short position outperformed S&P 500 return of 2.98%.

Topsearch International (Holdings) Limited (2323.HK) is an investment holding company. The Company and its subsidiaries are engaged in the manufacture and sale of a range of printed circuit boards (PCBs). The Company has a customer base, which comprises of electronics manufacturing services (EMS) companies and original equipment manufacturer (OEM) and personal computer (PC) related industries, as well as the telecommunications, office components, security, instrumentation equipment and consumer products industries.

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 algorithmic traders.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.