Shenzhen Stocks Based on a Self-learning Algorithm: Returns up to 43.0% in 7 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 best 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: 7 Days (9/11/2020 – 9/19/2020)
I Know First Average: 11.05%
Shenzhen Stocks
Shenzhen Stocks chart

For this 7 Days forecast the algorithm had successfully predicted 8 out of 10 movements. The highest trade return came from 300376.SZ, at 43.0%. 300100.SZ, and 002285.SZ had notable returns of 17.25% and 12.83%, respectively. The Shenzhen Stocks subpackage had a significant and substantial overall average return of 11.05%, providing investors with a 7.86% premium over the SHANGHAI SE’s return of 3.19% 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.