Best Brazilian Stocks Based on Machine Learning: Returns up to 14.06% in 14 Days

Best Brazilian Stocks

This Bovespa Stock forecast was generated by the I Know First Algorithm through its analysis of market data 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 (08/02/2017 – 08/16/2017)
I Know First Average: 5.47%
Best Brazilian Stocks

8 out of 10 stock prices in this forecast for the Bovespa Stocks Package moved as predicted by the algorithm. BTOW3.SA was our best stock pick this week a return of 14.06%. JBSS3.SA and USIM5.SA followed with returns of 12.99% and 11.93% for the 14 Days period. The package saw an overall yield of 5.47% versus the S&P 500’s return of -0.33% implying a market premium of 5.80%.

B2W – Companhia Digital engages in the e-commerce business through a digital platform in Brazil. It offers various categories of products and services under the Americanas.com, Submarino, Shoptime, and Sou Barato brands through a network of Internet, telesales, catalogs, TV, and kiosk distribution channels.

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.