Brazil Stock Market Based on AI: Returns up to 261.19% in 1 Year

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: 1 Year (7/29/20 – 7/29/21)
I Know First Average: 76.51%
Brazil Stock Market
Brazil Stock Market chart

This Bovespa Package forecast had correctly predicted 6 out of 10 stock movements. UNIP6.SA was the highest-earning trade with a return of 261.19% in 1 Year. UNIP3.SA and USIM5.SA followed with returns of 212.73% and 162.4% for the 1 Year period. The package had an overall average return of 76.51%, providing investors with a 56.22% premium over the Bovespa’s return of 20.29% during the period.

h Anglo American to build wind farm in BahiaBrazilian utility firm AES Tiete has agreed with mining company Anglo American to build a wind farm in the northeastern state of Bahia, it said on Tuesday.

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.