Brazil Stock Market Based on Big Data: Returns up to 4.9% in 7 Days

Brazil Stock Market

This Bovespa Stock forecast was generated by the I Know First Algorithm through its analysis of market data and is part of the By Country Package. The full forecast includes daily predictions for the Brazil stock market 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 (7/28/2019 – 8/5/2019)
I Know First Average: 1.12%
Brazil Stock Market
Brazil Stock Market chart

In this 7 Days forecast for the Bovespa Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 trades. The top-performing prediction in this forecast was CYRE3.SA, which registered a return of 4.9%. Additional high returns came from KROT3.SA and JBSS3.SA, at 3.51% and 2.54% respectively. The package had an overall average return of 1.12%, providing investors with a 3.77% premium over the Bovespa’s return of -2.65% 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.