Brazil Stock Market Based on Machine Learning: Returns up to 287.03% in 3 Months

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: 3 Months (11/26/20 – 2/26/21)
I Know First Average: 53.0%
Brazil Stock Market
Brazil Stock Market chart

During the 3 Months forecasted period several picks in the Bovespa Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. INEP4.SA was the highest-earning trade with a return of 287.03% in 3 Months. The suggested trades for CRPG5.SA and PRIO3.SA also had notable 3 Months yields of 85.03% and 74.19%, respectively. The package had an overall average return of 53.0%, providing investors with a 53.09% premium over the Bovespa’s return of -0.09% 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.