Brazil Stocks Based on Big Data Analytics: Returns up to 268.95% in 3 Months
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: 3 Months (7/28/24 – 10/28/24)
I Know First Average: 21.86%
This By Country – Brazilian Stocks Package forecast has correctly predicted 6 out of 10 stock movements. The prediction with the highest return was L1MN34.SA, at 268.95%. U1BE34.SA and S1PO34.SA saw outstanding returns of 21.23% and 20.79%. The package had an overall average return of 21.86%, providing investors with a 18.94% premium over the Bovespa’s return of 2.92% 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.