Taiwanese Stocks Based on Pattern Recognition: Returns up to 23.4% in 1 Month

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: 1 Month (3/14/21 – 4/14/21)
I Know First Average: 5.88%
Taiwanese Stocks
Taiwanese Stocks chart

In this 1 Month forecast for the By Country – Taiwanese Stocks Package, there were many high-performing trades, and the algorithm correctly predicted 6 out of 10 trades. 2344.TW was the top-performing prediction with a return of 23.4%. Further notable returns came from 2610.TW and 2357.TW at 23.32% and 14.53%, respectively. The package had an overall average return of 5.88%, providing investors with a 2.12% premium over the TAIWAN SE’s return of 3.76% 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.