Brazil Stock Market Based on Deep Learning: Returns up to 39.48% in 30 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: 30 days (6/14/2019 – 7/15/2019)
I Know First Average: 19.56%
brazil stock market
Stock Forecast

During the 30 days forecasted period several picks in the Bovespa Package saw significant returns. The algorithm had correctly predicted 10 out 10 returns. VVAR3.SA was the highest-earning trade with a return of 39.48% in 30 days. Other notable stocks were BPAN4.SA and GOLL4.SA with a return of 39.26% and 23.86%. The package had an overall average return of 19.56%, providing investors with a 14.47% premium over the Bovespa’s return of 5.09% 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.