Hong Kong Stocks Based on Pattern Recognition: Returns up to 39.49% in 3 Months

Hong Kong Stocks

This Hong Kong Stocks 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 Months (3/14/24 – 6/14/24)
I Know First Average: 11.36%
Hong Kong Stocks
Hong Kong Stocks chart

During the 3 Months forecasted period several picks saw significant returns. The algorithm has correctly predicted 8 out of 10 returns. 1308.HK was the highest-earning trade with a return of 39.49% in 3 Months. 3993.HK and 0038.HK also performed well for this time horizon with returns of 24.47% and 15.25%, respectively. The package had an overall average return of 11.36%, providing investors with a 6.33% premium over the HANG SENG’s return of 5.03% 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.