Shenzhen Stocks Based on Pattern Recognition: Returns up to 33.1% in 3 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: 3 Days (7/10/2020 – 7/14/2020)
I Know First Average: 5.73%
Shenzhen Stocks
Shenzhen Stocks chart

The algorithm correctly predicted 6 out 10 of the suggested trades in the Shenzhen Stock Forecast Package for this 3 Days forecast. 002457.SZ was the top performing prediction with a return of 33.1%. Further notable returns came from 300378.SZ and 300323.SZ at 31.61% and 8.84%, respectively. The package had an overall average return of 5.73%, providing investors with a 6.77% premium over the SHANGHAI SE’s return of -1.04% 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.