Brazil Stock Market Based on Machine Learning: Returns up to 29.49% in 14 Days

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: 14 Days (5/10/2020 – 5/25/2020)
I Know First Average: 7.54%
Brazil Stock Market
Brazil Stock Market chart

This Bovespa Package forecast had correctly predicted 8 out of 10 stock movements. BRKM5.SA was the highest-earning trade with a return of 29.49% in 14 Days. The suggested trades for CSMG3.SA and EQTL3.SA also had notable 14 Days yields of 14.27% and 10.79%, respectively. The package had an overall average return of 7.54%, providing investors with a 0.81% premium over the Bovespa’s return of 6.73% 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.