Algo Trading Based on Artificial Intelligence: Returns up to 15.40% in 3 Days
Algo Trading
This Bovespa Stock forecast was generated by the I Know First Algorithm through its analysis of 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 Bovespa stocks for the long position
- Top 10 Bovespa stocks for the short position
Package Name: Bovespa
Recommended Positions: Long
Forecast Length: 3 Days (01/24/2018 – 01/27/2018)
I Know First Average: 6.30%
I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this Bovespa Package for the 3 Days time period. The greatest return came from ELET6.SA at 15.40%. ELET3.SA and ELET3.SA also performed well for this time horizon with returns of 11.69% and 11.69%, respectively. The package itself saw an overall return of 6.30%, providing investors with a 5.11% premium above the S&P 500’s return of 1.19% for the same time 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
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.