Taiwanese Stocks Based on Big Data Analytics: Returns up to 24.0% in 7 Days

Taiwanese Stocks

This forecast for Taiwanese Stocks is part of the By Country Package, as one of I Know First’s neural network trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

  • Top 10 Taiwanese stocks for the long position
  • Top 10 Taiwanese stocks for the short position

Package Name: By Country – Taiwanese Stocks
Recommended Positions: Long
Forecast Length: 7 Days (12/28/20 – 1/4/21)
I Know First Average: 4.79%
Taiwanese Stocks
Taiwanese Stocks chart

Several predictions in this 7 Days forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. The top performing prediction from this package was 2201.TW with a return of 24.0%. 2317.TW, and 2408.TW had notable returns of 8.82% and 7.98%. The package had an overall average return of 4.79%, providing investors with a 0.81% premium over the TAIWAN SE’s return of 3.98% during the period.

Yulon Motor Co., Ltd. is a Taiwan-based company principally engaged in the manufacturing and sales of automobiles and related spare parts and components. The automobile products of the Company include small sized and medium sized cars, recreational vehicles, commercial vehicles and loaded cars, among others. Its main products include NISSAN passenger vehicles, INFINITI passenger vehicles, LUXGEN passenger vehicles and DONGFENG commercial vehicles. The Company also provides the assembling, maintenance and repairing services for automobiles. The Company mainly operates businesses in Taiwan.

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.