Shenzhen Stocks Based on Predictive Analytics: Returns up to 60.54% in 3 Months
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 Months (6/30/24 – 9/30/24)
I Know First Average: 16.96%
The algorithm correctly predicted 10 out of 10 the suggested trades in the Shenzhen Stock Forecast Package for this 3 Months forecast. The top-performing prediction in this forecast was 300274.SZ, which registered a return of 60.54%. The suggested trades for 300390.SZ and 002245.SZ also had notable 3 Months yields of 43.66% and 15.1%, respectively. The package had an overall average return of 16.96%, providing investors with a 4.52% premium over the SHANGHAI SE’s return of 12.44% 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.