Shenzhen Stocks Based on a Self-learning Algorithm: Returns up to 30.18% in 14 Days
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: 14 Days (1/28/2020 – 2/11/2020)
I Know First Average: 4.72%
This Shenzhen Stock Forecast Package forecast had correctly predicted 6 out of 10 stock movements. The top-performing prediction in this forecast was 300236.SZ, which registered a return of 30.18%. The suggested trades for 000078.SZ and 000518.SZ also had notable 14 Days yields of 20.54% and 15.85%, respectively. The package had an overall average return of 4.72%, providing investors with a 7.23% premium over the SHANGHAI SE’s return of -2.51% 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.