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: 14 Days (4/13/21 – 4/27/21)
I Know First Average: 4.32%

During the 14 Days forecasted period several picks in the Shanghai Stock Forecast Package saw significant returns. The algorithm had correctly predicted 7 out of 10 returns. The top-performing prediction in this forecast was 600809.SS, which registered a return of 15.85%. 600702.SS and 600426.SS followed with returns of 11.71% and 10.69% for the 14 Days period. The package had an overall average return of 4.32%, providing investors with a 3.45% premium over the SHANGHAI SE’s return of 0.87% 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.