Shenzhen Stocks Based on a Self-learning Algorithm: Returns up to 25.74% in 3 Days

September 6, 2020

Shenzhen Stocks

This forecast for Shenzhen 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 Shenzhen stocks for the long position
  • Top 10 Shenzhen stocks for the short position

Package Name: Shenzhen Stock Forecast
Recommended Positions: Long
Forecast Length: 3 Days (8/31/2020 – 9/3/2020)
I Know First Average: 6.02%
Shenzhen Stocks
Shenzhen Stocks chart

In this 3 Days forecast for the Shenzhen Stock Forecast Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. The greatest return came from 300100.SZ at 25.74%. 300116.SZ, and 300297.SZ had notable returns of 20.38% and 11.4%. The package had an overall average return of 6.02%, providing investors with a 6.57% premium over the SHANGHAI SE’s return of -0.55% during the period.

)–Price To Sales (TTM)1.54Price To Book (MRQ)3.45Price To Cash Flow (TTM)–Total Debt To Equity (MRQ)151.64LT Debt To Equity (MRQ)37.03Return on Investment (TTM)-29.76Return on Equity (TTM)-14.59

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.

Shenzhen Stock Forecast