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 (4/9/21 – 5/10/21)
I Know First Average: 7.98%

The algorithm correctly predicted 8 out 10 of the suggested trades in the Shenzhen Stock Forecast Package for this 1 Month forecast. The top-performing prediction in this forecast was 000933.SZ, which registered a return of 26.54%. The suggested trades for 002176.SZ and 002245.SZ also had notable 1 Month yields of 24.26% and 14.24%, respectively. The package had an overall average return of 7.98%, providing investors with a 9.55% premium over the SHANGHAI SE’s return of -1.57% during the period.

HENAN SHENHUO COAL&POWER CO., LTD is a China-based company principally engaged in ferrous metal processing, the coal mining, deep processing of electrolytic aluminum. The Company’s products and services include coal, formed coke, aluminum ingots, aluminum alloys, casting reels, cast rolled coils, cold rolled coils, electricity, anode carbon blocks, alumina and aluminum hydroxide, as well as transportation, trading and real estate services. The Company mainly conducts its businesses in East China, Central China and other regions.

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.