Taiwanese Stocks Based on Deep Learning: Returns up to 21.59% 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 (4/26/2020 – 5/4/2020)
I Know First Average: 7.85%
Taiwanese Stocks
Taiwanese Stocks chart

For this 7 Days forecast the algorithm had successfully predicted 9 out of 10 movements. The highest trade return came from 9921.TW, at 21.59%. Further notable returns came from 2049.TW and 2327.TW at 16.18% and 13.48%, respectively. The package had an overall average return of 7.85%, providing investors with a 4.24% premium over the TAIWAN SE’s return of 3.61% during the period.

GIANT MANUFACTURING CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of bicycles and related accessories. The Company’s bicycle products consist of race bicycles, road bicycles, urban bicycles, mountain bicycles, folding bicycles, touring bicycles, sports bicycles, bicycles for women and children, as well as electric bicycles and others. The Company distributes its products mainly in the Americas, Europe, Asia, Taiwan and other 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.