Shanghai Stocks Based on Pattern Recognition: Returns up to 42.84% 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 and indicates the best stocks to buy:

  • 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 (2/17/20 – 2/24/20)
I Know First Average: 10.15%
Shanghai Stocks
Shanghai Stocks chart

For this 7 Days forecast the algorithm had successfully predicted 8 out of 10 movements. The greatest return came from 603005.SS at 42.84%. 600667.SS and 600598.SS followed with returns of 35.24% and 12.92% for the 7 Days period. The package had an overall average return of 10.15%, providing investors with a 6.23% premium over the SHANGHAI SE’s return of 3.92% 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.