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: 7 Days (4/24/23 – 5/1/23)
I Know First Average: 28.39%

I Know First’s State of the Art Algorithm accurately forecasted 7 out of 10 trades in this Bovespa Package for the 7 Days time period. The top performing prediction from this package was TPIS3.SA with a return of 281.07%. USIM5.SA and RENT3.SA followed with returns of 5.13% and 2.64% for the 7 Days period. The package had an overall average return of 28.39%, providing investors with a 28.33% premium over the Bovespa’s return of 0.06% during the period.

TPI Triunfo Participacoes e Investimentos SA (Triunfo) is a Brazil-based holding company primarily engaged in the operation of highways. The Company divides its business into four main segments: Highway Concessions, Ports Administration, Coastal Shipping and Energy. In the Highway Concessions segment, Triunfo is active in the management, toll collection, maintenance and conservation of roads. In the Port Administration segment, it is active in the port operation and warehousing services. In the Coastal Shipping segment, the Company is mainly involved in the cargo water transportation and navigation services. In the Energy segment, it is engaged in the generation and transmission of electric power. Triunfo owns a number of subsidiaries, including Empresa Concessionaria de Rodovias do Norte SA and Transbrasiliana Concessionaria de Rodovia SA, among others. On August 26, 2014 the Company has acquired Fundo de Investimento em Participacoes Constantinopla.

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.