Best Brazilian Stocks Based on Data Mining: Returns up to 55.68% in 1 Month

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 of the best Brazilian 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 Month (5/21/2020 – 6/21/2020)
I Know First Average: 22.32%
Best Brazilian Stocks
Best Brazilian Stocks chart

The algorithm correctly predicted 9 out 10 of the suggested trades in the By Country – Brazilian Stocks Package for this 1 Month forecast. GOL was our best stock pick this week a return of 55.68%. SID, and GGB had notable returns of 42.86% and 37.62%. The package had an overall average return of 22.32%, providing investors with a 3.56% premium over the Bovespa’s return of 18.76% during the period.

GOL Linhas Aéreas Inteligentes S.A. (GOL) through its subsidiaries, provides regular and non-regular air transportation services for passengers, cargoes, and mailbags in South America and the Caribbean.

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.