Brazil Stock Market Based on a Self-learning Algorithm: Returns up to 110.68% 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 (7/15/2018 – 7/16/2019)
I Know First Average: 38.82%
Brazil Stock Market
Brazil Stock Market chart

I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this Bovespa Package for the 1 year time period. DIRR3.SA was the highest-earning trade with a return of 110.68% in 1 year. LCAM3.SA, and CSMG3.SA had notable returns of 109.6% and 64.44%. The package had an overall average return of 38.82%, providing investors with a 3.33% premium over the Bovespa’s return of 35.49% 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.