Algo Trading Based on Machine Learning: Returns up to 13.35% in 7 Days
Algo Trading
This Brazil Stock forecast was generated by the I Know First Algorithm through its analysis of market data and is part of the Bovespa package to track the Brazilian stock market. 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: Bovespa
Recommended Positions: Long
Forecast Length: 7 Days (08/01/2017 – 08/08/2017)
I Know First Average: 3.67%
The algorithm correctly predicted 8 out 10 of the suggested trades in the Bovespa Package for this 7 Days forecast. USIM5.SA was the highest-earning trade with a return of 13.35% in 7 Days. Additional high returns came from JBSS3.SA and ELET6.SA, at 11.04% and 7.86% respectively. The package had an overall average return of 3.67%, providing investors with a 3.48% premium over the S&P 500’s return of 0.19% during the period.
Usinas Siderúrgicas de Minas Gerais S.A. manufactures and markets flat steel products in Brazil and internationally. The companys products include heavy plates, sincron, hot and cold rolled products, laser welded assemblies, slits/rolls, blanks, and hot-dip galvanized and electrogalvanized coils and sheets. It also provides pipes in various sizes, shapes, and thicknesses.
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.
