Brazil Stock Market Based on Genetic Algorithms: Returns up to 46.32% in 1 Month

Brazil Stock Market

This Bovespa Stock forecast was generated by the I Know First Algorithm through its analysis of Brazil stock market data and is part of the By Country Package. The full forecast includes daily predictions 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 Month (1/3/2020 – 2/3/2020)
I Know First Average: 8.07%
Brazil Stock Market
Brazil Stock Market chart

In this 1 Month forecast for the Bovespa Package, there were many high performing trades and the algorithm correctly predicted 6 out 10 trades. The greatest return came from CGAS5.SA at 46.32%. The suggested trades for PRIO3.SA and BRKM5.SA also had notable 1 Month yields of 34.07% and 10.03%, respectively. The package had an overall average return of 8.07%, providing investors with a 11.40% premium over the Bovespa’s return of -3.33% during the period.

)15.68Price To Sales (TTM)3.44Price To Book (MRQ)7.83Price To Cash Flow (TTM)–Total Debt To Equity (MRQ)92.53LT Debt To Equity (MRQ)73.77Return on Investment (TTM)27.50Return on Equity (TTM)19.86

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.