Shenzhen Stocks Based on Pattern Recognition: Returns up to 109.98% 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 (7/11/21 – 8/11/21)
I Know First Average: 17.11%
The algorithm correctly predicted 7 out 10 of the suggested trades in the Shenzhen Stock Forecast Package for this 1 Month forecast. 002176.SZ was the top performing prediction with a return of 109.98%. 300274.SZ and 002648.SZ also performed well for this time horizon with returns of 29.76% and 21.57%, respectively. The package had an overall average return of 17.11%, providing investors with a 16.87% premium over the SHANGHAI SE’s return of 0.24% 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 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.