Hong Kong Stocks Based on Pattern Recognition: Returns up to 8.6% 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
Forecast Length: 7 Days (8/16/2020 – 8/25/2020)
I Know First Average: 1.2%
Hong Kong Stocks
Hong Kong Stocks chart

I Know First’s State of the Art Algorithm accurately forecasted 7 out of 10 trades in this By Country – Hong Kong Stocks Package for the 7 Days time period. 0921.HK was the highest-earning trade with a return of 8.6% in 7 Days. The suggested trades for 2313.HK and 0200.HK also had notable 7 Days yields of 7.48% and 5.52%, respectively. The package had an overall average return of 1.2%, providing investors with a 0.00% premium over the HANG SENG’s return of 1.2% during the period.

HISENSE HOME APPLIANCES GROUP CO., LTD., formerly Hisense Kelon Electrical Holdings Co.,Ltd, is a China-based company principally engaged in the development, manufacture and distribution of home electric appliances. The Company’s main products include barrel washing machines, rotary drum washing machines, on-hook air conditioners, cabinet air conditioners, side by side combination refrigerators, multi-door refrigerators, computer refrigerators and mechanical refrigerators, among others. The Company distributes its products under the brand names of Hisense, Ronshen and Kelon. The Company distributes its products in domestic market and to overseas markets.

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.