Best Brazilian Stocks Based on Genetic Algorithms: Returns up to 25.22% in 1 Month

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 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: 1 Month (12/29/2016 – 01/29/2017)
I Know First Average: 16.45%
Best Brazilian Stocks

For this 1 Month forecast the algorithm had successfully predicted 10 out of 10 movements. The highest trade return came from CIG, at 25.22%. The suggested trades for TSU and BBD also had notable 1 Month yields of 21.84% and 20.41%, respectively. The overall average return in this By Country – Brazilian Stocks package was 16.45%, providing investors with a 14.46% premium over the S&P 500’s return of 1.99% during the same period.

Companhia Energética de Minas Gerais S.A. (CIG), through its subsidiaries, engages in the generation, transmission, distribution, and trading of electric energy in Brazil. It also distributes natural gas. The company was founded in 1952 and is headquartered in Belo Horizonte, Brazil.

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.