Shenzhen Stocks Based on Algo Trading: Returns up to 280.0% in 1 Year
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 Year (9/4/2018 – 9/4/2019)
I Know First Average: 38.32%
During the 1 Year forecasted period several picks in the Shenzhen Stock Forecast Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. 002463.SZ was the highest-earning trade with a return of 280.0% in 1 Year. 300379.SZ and 300347.SZ followed with returns of 101.31% and 66.22% for the 1 Year period. The package had an overall average return of 38.32%, providing investors with a 29.62% premium over the SHANGHAI SE’s return of 8.7% 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.