Best Brazilian Stocks Based on Deep-Learning: Returns up to 35.89% in 7 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: 7 Days (11/10/23 – 11/17/23)
I Know First Average: 10.25%
Best Brazilian Stocks
Best Brazilian Stocks chart

During the 7 Days forecasted period several picks in the By Country – Brazilian Stocks Package saw significant returns. The algorithm has correctly predicted 9 out of 10 returns. The greatest return came from CEAB3.SA at 35.89%. MGLU3.SA and ANIM3.SA also performed well for this time horizon with returns of 29.83% and 14.29%, respectively. The package had an overall average return of 10.25%, providing investors with a 5.43% premium over the Bovespa’s return of 4.82% 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.