Shanghai Stocks Based on Stock Algorithm: Returns up to 33.07% 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 (3/1/2020 – 3/4/2020)
I Know First Average: 4.83%
Shanghai Stocks
Shanghai Stocks chart

For this 3 Days forecast the algorithm had successfully predicted 7 out of 10 movements. 600579.SS was our best stock pick this week a return of 33.07%. The suggested trades for 600810.SS and 600868.SS also had notable 3 Days yields of 13.56% and 2.7%, respectively. The package had an overall average return of 4.83%, providing investors with a 0.27% premium over the SHANGHAI SE’s return of 4.56% 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.