Shenzhen Stocks Based on a Self-learning Algorithm: Returns up to 52.2% in 1 Month
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: 1 Month (9/22/24 – 10/22/24)
I Know First Average: 21.68%
In this 1 Month forecast for the Shenzhen Stock Forecast Package, there were many high performing trades and the algorithm correctly predicted 10 out of 10 trades. The top-performing prediction in this forecast was 300390.SZ, which registered a return of 52.2%. Other notable stocks were 002268.SZ and 002129.SZ with a return of 43.73% and 34.22%. The package had an overall average return of 21.68%, providing investors with a 1.62% premium over the SHANGHAI SE’s return of 20.06% 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.