Best Brazilian Stocks

This 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: 3 Days (5/16/21 – 5/20/21)
I Know First Average: 1.69%

7 out of 10 stock prices in this forecast for the By Country – Brazilian Stocks Package moved as predicted by the algorithm. The highest trade return came from BRFS, at 9.27%. CIG and BBD also performed well for this time horizon with returns of 7.56% and 2.76%, respectively. The package had an overall average return of 1.69%, providing investors with a 1.02% premium over the Bovespa’s return of 0.67% during the period.

BRF S.A. (BRFS), together with its subsidiaries, focuses on raising, producing, and slaughtering poultry and pork in Brazil. It also engages in processing and selling fresh meat, processed foods, pasta, sauce, mayonnaise, frozen vegetables and soybean by-products. Its product portfolio consists of whole chickens and frozen cuts of chicken, turkey, and pork; ham products, bologna, sausages, frankfurters, and other smoked products; hamburgers, breaded meat products, and meatballs; lasagnas, pizzas, cheese breads, pies, and frozen vegetables; margarine, sauces and mayonnaise; and soy meal and refined soy flour, and animal feed. The company primarily sells its products under the Sadia, Perdigão, and Qualy brands, as well as Deline, Hot Pocket, Soltíssimo, Miss Daisy, Chester, Ouro, Na Brasa, Meu Menu, Sanduba, Mini Chicken, Perdix, Borella, Hilal, Unef, Confidence, Paty, Danica, Vienissima, GoodMark, Delicia, and Manty brands to supermarkets, retail stores, wholesalers, restaurants, and other institutional customers. BRF S.A. (BRFS) exports its products to the Middle East, Africa, Asia, Europe, and Latin America. The company was formerly known as BRF-Brasil Foods S.A. and changed its name to BRF S.A. (BRFS) in April 2013. BRF S.A. was founded in 1900 and is headquartered in Itajai, Brazil.

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.