Shenzhen Stocks Based on Machine Learning: Returns up to 9.78% in 7 Days
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: 7 Days (1/12/23 – 1/19/23)
I Know First Average: 3.99%
Several predictions in this 7 Days forecast saw significant returns. The algorithm has correctly predicted 8 out of 10 stock movements. The top performing prediction from this package was 000725.SZ with a return of 9.78%. Other notable stocks were 300015.SZ and 000858.SZ with a return of 7.68% and 5.77%. The package had an overall average return of 3.99%, providing investors with a 1.51% premium over the SHANGHAI SE’s return of 2.48% 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.