Shenzhen Stocks Based on Machine Learning: Returns up to 68.16% 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 (9/10/24 – 10/10/24)
I Know First Average: 26.66%
In this 1 Month forecast for the Shenzhen Stock Forecast Package, there were many high performing trades and the algorithm correctly predicted 10 out of 10 trades. The highest trade return came from 300142.SZ, at 68.16%. Other notable stocks were 300390.SZ and 300055.SZ with a return of 53.0% and 33.33%. The package had an overall average return of 26.66%, providing investors with a 6.00% premium over the SHANGHAI SE’s return of 20.66% 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.