Best Brazilian Stocks Based on Genetic Algorithms: Returns up to 13.83% in 14 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 18 stocks with bullish and bearish signals:

  • Top 9 Brazil stocks for the long position
  • Top 9 Brazil stocks for the short position

Package Name: By Country – Brazilian Stocks
Recommended Positions: Long
Forecast Length: 14 Days (12/26/2016 – 01/09/2017)
I Know First Average: 8.53%
best brazilian stocks

During the 14 Days forecasted period several picks in the By Country – Brazilian Stocks Package saw significant returns. The algorithm had correctly predicted 9 out 9 stocks. The prediction with the highest return was BBD, at 13.83%. Further notable returns came from ITUB and TSU at 13.22% and 9.33%, respectively. The By Country – Brazilian Stocks package had an overall average return of 8.53%, providing investors with a premium of 8.30% over the S&P 500’s return of 0.23%.

Banco Bradesco S.A. (BBD), provides banking and financial products and services to individuals, companies, and corporations and institutions. The company operates through two segments, Banking; and Insurance, Pension Plans and Capitalization Bond.

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.