Brazil Stock Market Based on AI: Returns up to 100.08% in 3 Months

Brazil Stock Market

This Bovespa 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 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: 3 Months (11/3/20 – 2/3/21)
I Know First Average: 46.0%
Brazil Stock Market
Brazil Stock Market chart

In this 3 Months forecast for the Bovespa Package, there were many high performing trades and the algorithm correctly predicted 10 out 10 trades. CRPG5.SA was our best stock pick this week a return of 100.08%. Additional high returns came from UNIP6.SA and UNIP3.SA, at 98.9% and 62.62% respectively. The package had an overall average return of 46.0%, providing investors with a 18.61% premium over the Bovespa’s return of 27.39% during the period.

Cristal Pigmentos do Brasil SA, formerly Tibras Titanio do Brasil SA, is a Brazil-based company primarily engaged in the manufacture of chemical products, such as titanium dioxide and sulfuric acid. Titanium dioxide (TiO2), the Company’s main product, is used in the manufacture of paint, paper, plastic bottles, vinyl siding and packaging materials, among others. The Company is also active in the production and commercialization of minerals, including rutile, ilmenite and zircon. It operates one industrial unit in the state of Bahia and a mine in the state of Paraiba. As of December 31, 2011, the Company’s subsidiary was Millennium Inorganic Chemicals Mineracao Ltda, which is involved in the mining sector.

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.