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 (12/22/20 – 3/22/21)
I Know First Average: 14.84%

Several predictions in this 3 Months forecast saw significant returns. The algorithm had correctly predicted 6 out of 10 stock movements. The top-performing prediction from this package was PRIO3.SA with a return of 59.98%. Another notable stocks were TASA3.SA and PTBL3.SA with a return of 52.33% and 42.99%. The package had an overall average return of 14.84%, providing investors with a 15.57% premium over the Bovespa return of -0.73% 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.