Brazil Stock Market Based on a Self-learning Algorithm: Returns up to 109.03% in 1 Year

Brazil Stock Market

This Bovespa Stock forecast was generated by the I Know First Algorithm through its analysis of market data and is part of the By Country Package. The full forecast includes daily predictions for the Brazil stock market for a total of 20 stocks with bullish and bearish signals:

  • Top 10 Bovespa stocks for the long position
  • Top 10 Bovespa stocks for the short position


Package Name: Bovespa
Recommended Positions: Long
Forecast Length: 1 Year (8/26/2018 – 8/27/2019)
I Know First Average: 46.76%
Brazil Stock Market
Brazil Stock Market chart

In this 1 Year forecast for the Bovespa Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 trades. DIRR3.SA was our best stock pick this week a return of 109.03%. The suggested trades for LCAM3.SA and LREN3.SA also had notable 1 Year yields of 103.64% and 84.24%, respectively. The package had an overall average return of 46.76%, providing investors with a 19.21% premium over the Bovespa’s return of 27.55% during the period.

Direcional Engenharia S.A. operates as a real estate development and construction company in Brazil. It focuses on the development of residential housing for low income segment primarily in the North and Mid-West regions of Brazil. The company was founded in 1981 and is headquartered in Belo Horizonte, 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.