Algorithmic Trading Software Based on a Self-learning Algorithm: Returns up to 12.86% in 14 Days

Algorithmic Trading Software

This Bovespa Stock forecast was generated by the I Know First Algorithm through its analysis of market data in its algorithmic trading software and is part of the Bovespa 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: Bovespa
Recommended Positions: Long
Forecast Length: 14 Days (08/01/2017 – 08/15/2017)
I Know First Average: 3.41%
Algorithmic Trading Software

During the 14 Days forecasted period several picks in the Bovespa Package saw significant returns. The algorithm had correctly predicted 7 out 10 stocks. The prediction with the highest return was JBSS3.SA, at 12.86%. Further notable returns came from USIM5.SA and ELET6.SA at 10.25% and 6.48%, respectively. The Bovespa Stocks package had an overall average return of 3.41%, providing investors with a premium of 3.64% over the S&P 500’s return of -0.23%.

JBS S.A., a food company, engages in the processing and trading of animal protein in Brazil and internationally. It offers beef, pork, chicken, and lamb by-products; convenience food products; pet food and concentrates; and bresaola.

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.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.