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: 1 Year (7/24/22 – 7/24/23)
I Know First Average: 25.26%

This By Country – Brazilian Stocks Package forecast has correctly predicted 8 out of 10 stock movements. The top-performing prediction in this forecast was ERJ, which registered a return of 79.22%. UGP and GGB also performed well for this time horizon with returns of 76.42% and 43.07%, respectively. The package had an overall average return of 25.26%, providing investors with a 2.60% premium over the Bovespa’s return of 22.66% 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.