Brazil Stock Market Based on Algo Trading: Returns up to 23.44% in 14 Days

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: 14 Days (11/21/2019 – 12/5/2019)
I Know First Average: 10.73%
Brazil Stock Market
Brazil Stock Market chart

The algorithm correctly predicted 10 out 10 of the suggested trades in the Bovespa Package for this 14 Days forecast. The highest trade return came from TCSA3.SA, at 23.44%. USIM5.SA, and GGBR3.SA had notable returns of 15.18% and 14.77%. The package had an overall average return of 10.73%, providing investors with a 6.24% premium over the Bovespa’s return of 4.49% during the period.

Tecnisa SA is a Brazil-based company involved in the real estate sector. The Company and its subsidiaries are engaged in the development, construction, leasing, management, purchase and sale of residential and commercial real estate properties and lands. In addition, the Company offers consulting services related to real estate market. The Company develops, sells and builds residential and commercial projects with an integrated business model. The Company operates from the land acquisition until financing part of its customers. In addition, the Company offers consulting services related to real estate market. It operates in the Brazilian market. The Company focuses on the region of Sao Paulo (main market), followed by Brasilia and Curitiba.

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.