Brazil Stocks Based on Pattern Recognition: Returns up to 56.97% 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 (11/20/20 – 12/21/20)
I Know First Average: 18.34%
Brazil Stocks
Brazil Stocks chart

I Know First’s State of the Art Algorithm accurately forecasted 10 out of 10 trades in this By Country – Brazilian Stocks Package for the 1 Month time period. The prediction with the highest return was SID, at 56.97%. VALE, and CIG had notable returns of 33.23% and 17.32%. The package had an overall average return of 18.34%, providing investors with a 9.76% premium over the Bovespa’s return of 8.58% during the period.

Companhia Siderúrgica Nacional ADR  (SID)  operates as an integrated steel producer primarily in Brazil. It operates through five segments: Steel, Mining, Cement, Logistics, and Energy. The company primarily produces carbon steel and various steel products for automotive, home appliance, packaging, construction, and steel processing industries.

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.