Best Brazilian Stocks Based on a Self-learning Algorithm: Returns up to 5.21% in 3 Days

Best Brazilian Stocks

This Brazil 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 best Brazilian stocks with bullish and bearish signals:

  • Top 10 Brazil stocks for the long position
  • Top 10 Brazil stocks for the short position


Package Name: By Country – Brazilian Stocks
Recommended Positions: Long
Forecast Length: 3 Days (07/21/2018 – 07/24/2018)
I Know First Average: 2.33

 

9 out of 10 stock prices in this forecast for the By Country – Brazilian Stocks Package moved as predicted by the algorithm. GGB was our best stock pick this week a return of 5.21%. SBS and GOL followed with returns of 5.02% and 4.23% for the 3 Days period. The package saw an overall yield of 2.33% versus the S&P 500’s return of 0.66% implying a market premium of 1.67%.

Gerdau SA ADR (GGB) produces and commercializes steel products worldwide. The company operates through Brazil Business Operation, North America Business Operation, South America Business Operation, and Special Steel Business Operation segments.

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.