Brazil Stock Market Based on Stock Prediction Algorithm: Returns up to 38.31% in 3 Months

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: 3 Months (5/5/2019 – 8/5/2019)
I Know First Average: 16.37%
Brazil Stock Market
Brazil Stock Market chart

The algorithm correctly predicted 9 out 10 of the suggested trades in the Bovespa Package for this 3 Months forecast. KROT3.SA was our best stock pick this week a return of 38.31%. QUAL3.SA and JBSS3.SA also performed well for this time horizon with returns of 28.42% and 26.02%, respectively. The package had an overall average return of 16.37%, providing investors with a 12.11% premium over the Bovespa’s return of 4.26% during the period.

Kroton Educacional SA, formerly Opportunity Officepar Participacoes SA, is a Brazil-based company active in the private education sector. The Company focuses on developing primary and secondary schools, post-secondary and undergraduate programs, as well as vocational courses. The Company’s activities are divided into three business segments: In-class higher education, which offers port-secondary programs on campus; Distance learning higher education (EAD), which provides port-secondary programs via online platform, and Basic education, which includes own and managed primary schools, collection and development of teaching materials, school management advisory, as well as educational support tools, among others. The Company operates a number of brand names, such as Anhanguera, Fama, Pitagoras, Unic, Unime and Unopar. In addition, it is involved in the wholesale, retail, distribution, import and export of textbooks, course books, magazines and other publications related to education.

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.