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 (8/4/2019 – 11/5/2019)
I Know First Average: 17.46%

In this 3 Months forecast for the Shenzhen Stock Forecast Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. The top-performing prediction in this forecast was 002241.SZ, which registered a return of 81.65%. Additional high returns came from 000513.SZ and 300115.SZ, at 30.64% and 30.12% respectively. The package had an overall average return of 17.46%, providing investors with a 13.15% premium over the SHANGHAI SE’s return of 4.31% during the period.

Goertek Inc. is a China-based company, principally engaged in the manufacture and distribution of electronic components. The Company’s main products are electro-acoustic devices and components, including micro electro-acoustic components and consuming electro-acoustic products, such as Bluetooth earphones and speakers. The Company also provides electronic accessories, including related raw materials, tools and molds. The Company’s products are mainly applied in mobile phones, laptops and televisions. The Company distributes its products within domestic market and to overseas markets.

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.