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 (5/22/2020 – 6/23/2020)
I Know First Average: 15.4%

8 out of 10 stock prices in this forecast for the Shenzhen Stock Forecast Package moved as predicted by the algorithm. 300298.SZ was our best stock pick this week a return of 42.33%. 002400.SZ and 300142.SZ saw outstanding returns of 31.9% and 29.17%. The package had an overall average return of 15.4%, providing investors with a 11.82% premium over the SHANGHAI SE’s return of 3.58% 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.