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: 1 Month (3/24/21 – 4/24/21)
I Know First Average: 10.66%

6 out of 10 stock prices in this forecast for the Shanghai Stock Forecast Package moved as predicted by the algorithm. 600702.SS was the highest-earning trade with a return of 76.04% in 1 Month. Further notable returns came from 600809.SS and 601636.SS at 24.0% and 8.32%, respectively. The package had an overall average return of 10.66%, providing investors with an 8.82% premium over the SHANGHAI SE’s return of 1.84% 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.