Best Brazilian Stocks Based on Algorithmic Trading: Returns up to 27.59% in 14 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: 14 Days (4/1/21 – 4/15/21)
I Know First Average: 7.77%
Best Brazilian Stocks
Best Brazilian Stocks chart

During the 14 Days forecasted period several picks in the By Country – Brazilian Stocks Package saw significant returns. The algorithm had correctly predicted 8 out of 10 returns. ROMI3.SA was the highest-earning trade with a return of 27.59% in 14 Days. Additional high returns came from LUPA3.SA and UNIP6.SA, at 17.55% and 13.35% respectively. The package had an overall average return of 7.77%, providing investors with a 4.47% premium over the Bovespa’s return of 3.3% 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.