Best Brazilian Stocks Based on Algo Trading: Returns up to 7.92% in 3 Days

Best Brazilian Stocks

This Best Brazilian Stocks forecast was generated by the I Know First Algorithm through its analysis of Brazil stock market data and is part of the By Country Package. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

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


Package Name: By Country – Brazilian Stocks
Recommended Positions: Long
Forecast Length: 3 Days (4/18/21 – 4/21/21)
I Know First Average: 1.8%
Best Brazilian Stocks
Best Brazilian Stocks chart

For this 3 Days forecast the algorithm had successfully predicted 7 out of 10 movements. The highest trade return came from BAK, at 7.92%. Additional high returns came from CBD and CIG, at 6.13% and 4.41% respectively. The package had an overall average return of 1.8%, providing investors with a 2.67% premium over the Bovespa’s return of -0.87% 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.