Best Brazilian Stocks Based on Algo Trading: Returns up to 73.4% in 14 Days

Best Brazilian Stocks

This 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: 14 Days (11/18/2020 – 12/2/2020)
I Know First Average: 16.17%
Best Brazilian Stocks
Best Brazilian Stocks chart

I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this By Country – Brazilian Stocks Package for the 14 Days time period. TASA3.SA was the top performing prediction with a return of 73.4%. CVCB3.SA and GOLL4.SA saw outstanding returns of 20.8% and 18.19%. The package had an overall average return of 16.17%, providing investors with a 11.85% premium over the Bovespa’s return of 4.32% 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.