Brazil Stocks Based on Artificial Intelligence: Returns up to 22.96% in 1 Month

Brazil Stocks

This Brazil Stocks 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: 1 Month (7/8/22 – 8/9/22)
I Know First Average: 9.22%
Brazil Stocks
Brazil Stocks chart

The algorithm correctly predicted 8 out of 10 the suggested trades in the By Country – Brazilian Stocks Package for this 1 Month forecast. CIG was our best stock pick with a return of 22.96%. The suggested trades for ERJ and UGP also had notable 1 Month yields of 21.51% and 20.09%, respectively. The package had an overall average return of 9.22%, providing investors with a 1.36% premium over the Bovespa’s return of 7.86% 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.