Shanghai Stocks Based on Deep Learning: Returns up to 12.83% in 7 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: 7 Days (4/29/24 – 5/6/24)
I Know First Average: 4.9%
Shanghai Stocks
Shanghai Stocks chart

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this Shanghai Stock Forecast Package for the 7 Days time period. 600559.SS was the highest-earning trade with a return of 12.83% in 7 Days. 600426.SS and 600809.SS saw outstanding returns of 9.19% and 6.62%. The package had an overall average return of 4.9%, providing investors with a 3.21% premium over the SHANGHAI SE’s return of 1.69% 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.