Best Brazilian Stocks Based on Machine Learning: Returns up to 29.25% 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 (12/31/2017 – 01/31/2018)
I Know First Average: 12.66%
Best Brazilian Stocks

The algorithm correctly predicted 10 out 10 of the suggested trades in the By Country – Brazilian Stocks Package for this 1 Month forecast. PBR was the highest-earning trade with a return of 29.25% in 1 Month. Additional high returns came from GGB and BBD, at 23.66% and 23.49% respectively. The package had an overall average return of 12.66%, providing investors with a 6.90% premium over the S&P 500’s return of 5.76% during the period.

Petróleo Brasileiro S.A. (PBR) Petrobras is a is a semi-public Brazilian multinational corporation in the petroleum industry and its headquarter is in Rio de Janeiro, Brazil. Petrobras was founded in 1953 and today has a production out put of 2.3 million barrels of oil which are distributed world wide.

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.