Brazil Stock Market Based on Deep Learning: Returns up to 104.33% 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 (9/13/2018 – 9/13/2019)
I Know First Average: 47.75%
Brazil Stock Market
Brazil Stock Market chart

During the 1 Year forecasted period several picks in the Bovespa Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. The greatest return came from RENT3.SA at 104.33%. LCAM3.SA and CSMG3.SA also performed well for this time horizon with returns of 97.67% and 71.22%, respectively. The package had an overall average return of 47.75%, providing investors with a 9.98% premium over the Bovespa’s return of 37.77% 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.