Shenzhen Stocks Based on Machine Learning: Returns up to 59.27% 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 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 (6/12/2020 – 7/12/2020)
I Know First Average: 23.53%
Shenzhen Stocks
Shenzhen Stocks chart

Several predictions in this 1 Month forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. The highest trade return came from 000011.SZ, at 59.27%. Other notable stocks were 002240.SZ and 000504.SZ with a return of 40.97% and 37.52%. The package had an overall average return of 23.53%, providing investors with a 7.70% premium over the SHANGHAI SE’s return of 15.83% 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.