Shanghai Stocks

This forecast for Shanghai Stocks 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 Shanghai stocks for the long position
• Top 10 Shanghai stocks for the short position

Package Name: Shanghai Stock Forecast
Recommended Positions: Long
Forecast Length: 3 Days (12/16/2019 – 12/19/2019)
I Know First Average: 8.86%

For this 3 Days forecast the algorithm had successfully predicted 9 out of 10 movements. The top-performing prediction in this forecast was 601231.SS, which registered a return of 23.29%. 600614.SS and 600136.SS followed with returns of 22.14% and 21.46% for the 3 Days period. The package had an overall average return of 8.86%, providing investors with a 7.20% premium over the SHANGHAI SE’s return of 1.66% 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.