Algorithmic Trading Based on Stock Market Algorithm: Returns up to 17.56% in 14 Days

Algorithmic 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: 14 Days (11/27/2018 – 12/11/2018)
I Know First Average: 3.04%
Algorithmic Trading

For this 14 Days forecast the algorithm had successfully predicted 5 out of 10 movements. The highest trade return came from LINX3.SA, at 17.56%. The suggested trades for NATU3.SA and CGAS5.SA also had notable 14 Days yields of 10.95% and 3.61%, respectively. The overall average return in this Bovespa package was 3.04%, providing investors with a 4.41% premium over the S&P 500’s return of -1.37% during the same period.

Linx SA is a Brazil-based company primarily engaged in the software development sector. The Company provides products, services and solutions for business optimization, as well as tools for e-commerce market. It specializes in technology solutions for retail and wholesale activities in such segments as apparel, gifts, building material, supermarkets, pharmacies and electronics, among others. The Company offers its customers an integrated business management system that covers the entire retail chain, starting from business automation software, which perform all necessary operations from the point of sale (POS), until the full Enterprise resource planning (ERP), which includes, among other features, inventory management, customer relationship management, financial management, management of products lifecycle and supply management. Additionally, the Company provides customization, training and other services related to its products. Its subsidiaries include Synthesis Retail Solutions SA.

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.