Shenzhen Stocks Based on a Self-learning Algorithm: Returns up to 43.92% 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 (7/17/2020 – 8/1/2020)
I Know First Average: 15.81%
I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this Shenzhen Stock Forecast Package for the 14 Days time period. The prediction with the highest return was 002626.SZ, at 43.92%. Other notable stocks were 000421.SZ and 000830.SZ with a return of 38.17% and 23.2%. The package had an overall average return of 15.81%, providing investors with a 12.70% premium over the SHANGHAI SE’s return of 3.11% 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.