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 Days (10/11/2020 – 10/14/2020)
I Know First Average: 3.87%

This By Country – Hong Kong Stocks Package forecast had correctly predicted 7 out of 10 stock movements. The top performing prediction from this package was 2208.HK with a return of 18.81%. The suggested trades for 2333.HK and 1378.HK also had notable 3 Days yields of 16.0% and 5.49%, respectively. The package had an overall average return of 3.87%, providing investors with a 1.60% premium over the HANG SENG’s return of 2.27% during the period.

XINJIANG GOLDWIND SCIENCE&TECHNOLOGY CO., LTD is a China-based company, principally engaged in the manufacture and distribution of wind turbine generator sets and spare parts. The Company is also engaged in the provision of wind power services, as well as the investment and development of wind farms. The Company distributes its products within domestic and 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.