Shenzhen Stocks Based on Algo Trading: Returns up to 35.58% 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 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 (7/8/2020 – 7/15/2020)
I Know First Average: 7.22%
Shenzhen Stocks
Shenzhen Stocks chart

Several predictions in this 7 Days forecast saw significant returns. The algorithm had correctly predicted 6 out 10 stock movements. The top performing prediction from this package was 002457.SZ with a return of 35.58%. The suggested trades for 300085.SZ and 300323.SZ also had notable 7 Days yields of 29.59% and 14.29%, respectively. The package had an overall average return of 7.22%, providing investors with a 6.74% premium over the SHANGHAI SE’s return of 0.48% 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.