Brazil Stock Market Based on Deep Learning: Returns up to 101.98% in 1 Year

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: 1 Year (9/30/2018 – 9/30/2019)
I Know First Average: 37.3%
Brazil Stock Market
Brazil Stock Market chart

For this 1 Year forecast the algorithm had successfully predicted 7 out of 10 movements. The highest trade return came from RENT3.SA, at 101.98%. LCAM3.SA, and TESA3.SA had notable returns of 93.02% and 66.5%. The package had an overall average return of 37.3%, providing investors with a 5.28% premium over the Bovespa’s return of 32.02% 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.