Algotrader

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 Months (08/15/2017 – 11/15/2017)
I Know First Average: 19.06%

In this 3 Months forecast for the Bovespa Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. The top-performing prediction in this forecast was USIM5.SA, which registered a return of 42.51%. Other notable stocks were ESTC3.SA and LCAM3.SA with a return of 42.49% and 40.33%. The package had an overall average return of 19.06%, providing investors with a premium of 15.05% over the S&P 500’s return of 4.01% during the same period.

Usinas Siderúrgicas de Minas Gerais S.A. manufactures and markets flat steel products in Brazil and internationally. The company’s 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.