Shenzhen Stocks Based on Predictive Analytics: Returns up to 20.03% 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 (10/4/24 – 10/8/24)
I Know First Average: 11.54%
For this 3 Days forecast the algorithm has successfully predicted 10 out of 10 movements. 300077.SZ was the top performing prediction with a return of 20.03%. Additional high returns came from 300390.SZ and 300055.SZ, at 20.02% and 14.01% respectively. The package had an overall average return of 11.54%, providing investors with a 6.95% premium over the SHANGHAI SE’s return of 4.59% 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.