Brazil Stock Market Based on Stock Prediction Algorithm: Returns up to 39.05% 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 (6/16/2019 – 7/17/2019)
I Know First Average: 16.27%
Brazil Stock Market
Brazil Stock Market chart

10 out of 10 stock prices in this forecast for the Bovespa Package moved as predicted by the algorithm. The top performing prediction from this package was BPAN4.SA with a return of 39.05%. GOLL4.SA and EVEN3.SA also performed well for this time horizon with returns of 26.32% and 18.97%, respectively. The package had an overall average return of 16.27%, providing investors with a 10.34% premium over the Bovespa’s return of 5.93% 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.