Brazil Stocks Based on a Self-learning Algorithm: Returns up to 23.35% in 14 Days

April 29, 2021

Brazil Stocks

This Brazil 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 Brazil stocks for the long position
  • Top 10 Brazil stocks for the short position


Package Name: By Country – Brazilian Stocks
Recommended Positions: Long
Forecast Length: 14 Days (4/14/21 – 4/28/21)
I Know First Average: 11.3%
Brazil Stocks
Brazil Stocks chart

In this 14 Days forecast for the By Country – Brazilian Stocks Package, there were many high-performing trades, and the algorithm correctly predicted 9 out of 10 trades. The top-performing prediction from this package was CVCB3.SA with a return of 23.35%. POSI3.SA and USIM3.SA also performed well for this time horizon with returns of 22.48% and 15.32%, respectively. The package had an overall average return of 11.3%, providing investors with a 9.83% premium over the Bovespa’s return of 1.47% 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.

Brazil Stock Forecast