Brazil Stocks Based on Big Data Analytics: Returns up to 26.69% in 1 Month

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: 1 Month (5/12/24 – 6/12/24)
I Know First Average: 6.69%
Brazil Stocks
Brazil Stocks chart

In this 1 Month forecast for the By Country – Brazilian Stocks Package, there were many high performing trades and the algorithm correctly predicted 7 out of 10 trades. CBAV3.SA was the top performing prediction with a return of 26.69%. The suggested trades for MUTC34.SA and EMBR3.SA also had notable 1 Month yields of 20.27% and 19.31%, respectively. The package had an overall average return of 6.69%, providing investors with a 12.70% premium over the Bovespa’s return of -6.01% 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.