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 (6/16/2019 – 7/16/2019)
I Know First Average: 16.77%

The algorithm correctly predicted 10 out 10 of the suggested trades in the Bovespa Package for this 30 days forecast. BPAN4.SA was our best stock pick this week a return of 44.66%. GOLL4.SA and EVEN3.SA also performed well for this time horizon with returns of 31.73% and 20.0%, respectively. The package had an overall average return of 16.77%, providing investors with a 10.92% premium over the Bovespa’s return of 5.85% during the period.

Banco Pan SA, formerly Banco Panamericano SA, is a Brazil-based commercial bank. The Bank provides a range of financial services and products, including consumer loans, passenger car leasing, and sales financing, among others. The Company operates through five main segments: Financial, which offers consumer credits, credit cards, leasing and investment services; Consortium, which is involved in the management of third party goods, such as cars, motorcycles, electronics and real estate properties; Receivables Securitization; Sales Promoter, and Others. The Company offers its services both to individual and business clients.

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.