Shanghai Stocks Based on Data Mining: Returns up to 18.25% in 3 Days

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 (1/3/2020 – 1/7/2020)
I Know First Average: 4.25%
Shanghai Stocks
Shanghai Stocks chart

The algorithm correctly predicted 6 out 10 of the suggested trades in the Shanghai Stock Forecast Package for this 3 Days forecast. 600242.SS was the top performing prediction with a return of 18.25%. 600313.SS and 600652.SS followed with returns of 16.13% and 15.57% for the 3 Days period. The package had an overall average return of 4.25%, providing investors with a 3.61% premium over the SHANGHAI SE’s return of 0.64% 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.