Hong Kong Stocks Based on Stock Prediction Algorithm: Returns up to 26.41% in 3 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: 3 Days (12/5/2019 – 12/8/2019)
I Know First Average: 3.98%
Hong Kong Stocks
Hong Kong Stocks chart

In this 3 Days forecast for the By Country – Hong Kong Stocks Package, there were many high performing trades and the algorithm correctly predicted 6 out 10 trades. The highest trade return came from 0729.HK, at 26.41%. Further notable returns came from 0231.HK and 1813.HK at 17.24% and 3.94%, respectively. The package had an overall average return of 3.98%, providing investors with a 3.39% premium over the HANG SENG’s return of 0.59% during the period.

FDG Electric Vehicles Limited is a Hong Kong-based investment holding company principally engaged in the development, manufacture and sales of battery products. The Company operates through five segments. The Battery Products segment is engaged in the research and development, manufacture and sales of lithium-ion batteries and its related products. The Vehicle Design and Electric Vehicle Production segment is engaged in the vehicle design and the research and development, manufacture and sales of electric vehicles. The Electric Vehicle Leasing segment is engaged in the provision of leasing services of electric vehicles. The Battery Materials segment is engaged in the research and development, manufacture and sales of cathode materials for nickel-cobalt-manganese (NCM) lithium-ion batteries. The Direct Investments segment is engaged in direct investments, including loan financing, securities trading and asset investment.

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.