Best Brazilian Stocks Based on Stock Market Algorithm: Returns up to 35.22% in 3 Months

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 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 Months (03/24/2019 – 06/24/2019)
I Know First Average: 11.48%
Best Brazilian Stocks

This By Country – Brazilian Stocks Package forecast had correctly predicted 8 out of 10 stock movements. The top performing prediction from this package was ELP with a return of 35.22%. GOL, and SBS had notable returns of 18.40% and 17.46%. The package had an overall average return of 11.48%, providing investors with a 2.60% premium over the Bovespa’s return of 8.88% during the period.

Companhia Paranaense de Energia – COPEL engages in the generation, transmission, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers primarily in the State of Paraná, Brazil. As of December 31, 2015, the company operated 18 hydroelectric plants, 12 wind plants, and 1 thermoelectric plant with a total installed capacity of 5,032.2 megawatts; and owned and operated 2,344 kilometers of transmission lines and 193,527.1 kilometers of distribution lines. It holds concessions to distribute electricity in 394 municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina. The company also provides telecommunication services to 4,964 corporate clients, including supermarkets, universities, banks, Internet service providers, and television networks, as well as to 43,023 retail clients; and broadband Internet access to public elementary and middle schools. In addition, it supplies piped gas to 31,790 customers, including thermoelectric plants, cogeneration plants, gas stations, other businesses, and residences through a gas distribution network covering 780 kilometers in the State of Paraná. Companhia Paranaense de Energia – COPEL was founded in 1954 and is headquartered in Curitiba, 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.

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.