Shanghai Stocks Based on Pattern Recognition: Returns up to 68.36% in 14 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: 14 Days (7/22/2020 – 8/5/2020)
I Know First Average: 18.6%
Shanghai Stocks
Shanghai Stocks chart

The algorithm correctly predicted 10 out 10 of the suggested trades in the Shanghai Stock Forecast Package for this 14 Days forecast. 600196.SS was the highest-earning trade with a return of 68.36% in 14 Days. Other notable stocks were 600230.SS and 601633.SS with a return of 20.5% and 17.63%. The package had an overall average return of 18.6%, providing investors with a 16.89% premium over the SHANGHAI SE’s return of 1.71% 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.