Shenzhen Stocks Based on Machine Learning: Returns up to 48.04% in 1 Month

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 40 stocks with bullish and bearish signals:

  • Top 20 Shenzhen stocks for the long position
  • Top 20 Shenzhen stocks for the short position

Package Name: Shenzhen Stock Forecast
Recommended Positions: Long
Forecast Length: 1 Month (8/9/2019 – 9/9/2019)
I Know First Average: 12.3%
Shenzhen Stocks
Shenzhen Stocks chart

During the 1 Month forecasted period several picks in the Shenzhen Stock Forecast Package saw significant returns. The algorithm had correctly predicted 16 out 20 returns. The greatest return came from 002463.SZ at 48.04%. Additional high returns came from 002384.SZ and 300136.SZ, at 40.55% and 35.21% respectively. The package had an overall average return of 12.3%, providing investors with a 4.06% premium over the SHANGHAI SE’s return of 8.24% 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 20 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.