Shanghai Stocks Based on Pattern Recognition: Returns up to 200.36% in 1 Year

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 Year (11/29/2019 – 11/30/2020)
I Know First Average: 58.13%
Shanghai Stocks
Shanghai Stocks chart

For this 1 Year forecast the algorithm had successfully predicted 8 out of 10 movements. The prediction with the highest return was 601100.SS, at 200.36%. 600584.SS, and 600346.SS had notable returns of 109.61% and 83.73%. The package had an overall average return of 58.13%, providing investors with a 40.76% premium over the SHANGHAI SE’s return of 17.37% during the period.

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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.