Brazil Stock Market Based on Deep-Learning : Returns up to 111.02% 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 (7/15/2018 – 7/15/2019)
I Know First Average: 38.82%
Brazil stock market
Stock Forecast

For this 1 year forecast the algorithm had successfully predicted 9 out of 10 movements. The prediction with the highest return was DIRR3.SA, at 111.02%. LCAM3.SA, and CSMG3.SA had notable returns of 105.0% and 63.58%. The package had an overall average return of 38.82%, providing investors with a 3.30% premium over the Bovespa’s return of 35.52% during the period.

Direcional Engenharia S.A. operates as a real estate development and construction company in Brazil. It focuses on the development of residential housing for low income segment primarily in the North and Mid-West regions of Brazil. The company was founded in 1981 and is headquartered in Belo Horizonte, Brazil.

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.