Best Brazilian Stocks Based on Algorithmic Trading: Returns up to 12.47% in 7 Days

Best Brazilian Stocks

This Brazil Stock 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: 7 Days (11/18/2020 – 11/25/2020)
I Know First Average: 4.76%
Best Brazilian Stocks
Best Brazilian Stocks chart

This By Country – Brazilian Stocks Package forecast had correctly predicted 8 out of 10 stock movements. The greatest return came from MEAL3.SA at 12.47%. Further notable returns came from CVCB3.SA and TASA3.SA at 12.12% and 11.6%, respectively. The package had an overall average return of 4.76%, providing investors with a 2.08% premium over the Bovespa’s return of 2.68% 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.