Shenzhen Stocks Based on Big Data Analytics: Returns up to 39.59% in 3 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: 3 Days (9/27/24 – 10/1/24)
I Know First Average: 17.93%
For this 3 Days forecast the algorithm has successfully predicted 10 out of 10 movements. The prediction with the highest return was 300390.SZ, at 39.59%. 002709.SZ and 002240.SZ followed with returns of 20.49% and 19.92% for the 3 Days period. The package had an overall average return of 17.93%, providing investors with a 6.75% premium over the SHANGHAI SE’s return of 11.18% 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.