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 (7/28/2019 – 8/28/2019)
I Know First Average: 5.63%

This Shenzhen Stock Forecast Package forecast had correctly predicted 6 out of 10 stock movements. The top-performing prediction in this forecast was 000049.SZ, which registered a return of 25.25%. 002463.SZ and 002241.SZ saw outstanding returns of 21.76% and 18.44%. The package had an overall average return of 5.63%, providing investors with a 7.35% premium over the SHANGHAI SE’s return of -1.72% during the period.

Shenzhen Desay Battery Technology Co., Ltd. is a China-based company engaged in manufacture and sale of batteries. The Company’s main products include lithium batteries, batteries for consumer electronics products, power management systems of power tools, new energy vehicle batteries and brushless motor control systems, among others. The Company distributes its products in domestic market and to overseas markets.

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.