Brazil Stock Market

This Brazil Stock Market forecast was generated by the I Know First Algorithm through its analysis of the 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 (11/22/2020 – 12/7/2020)
I Know First Average: 23.01%

This Bovespa Package forecast had correctly predicted 9 out of 10 stock movements. The greatest return came from TASA3.SA at 71.24%. CVCB3.SA, and PRIO3.SA had notable returns of 28.68% and 28.49%. The Brazil stocks package had an overall average return of 23.01%, providing the investors with a 15.89% premium over the Bovespa’s return of 7.12% during the period.

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.