Brazil Stock Market Based on Deep Learning: Returns up to 15.66% in 7 Days

Brazil Stock Market

This Bovespa 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 the Brazil stock market for a total of 20 stocks with bullish and bearish signals:

    • Top 10 Bovespa stocks for the long position
    • Top 10 Bovespa stocks for the short position


Package Name: Bovespa
Recommended Positions: Long
Forecast Length: 7 Days (06/30/2019 – 07/08/2019)
I Know First Average: 7.63%
Brazil Stock Market

During the 7 Days forecasted period several picks in the Bovespa Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. The prediction with the highest return was RDNI3.SA, at 15.66%. Further notable returns came from BPAN4.SA and KROT3.SA at 12.88% and 12.85%, respectively. The package had an overall average return of 7.63%, providing investors with a 4.10% premium over the Bovespa’s return of 3.53% during the period.

RNI Negocios Imobiliarios SA, formerly Rodobens Negocios Imobiliarios SA, is a Brazil-based company engaged in the real sector. The Company is active in the purchase and sale of real estate properties; subdivision of land; development and construction of real estate properties; provision of services to third parties, and management of own or third party mortgage receivables portfolio. The Company has a number of subsidiaries, including Moradas Rodobens Incorporadora Imobiliaria – Lages III – SPE Ltda, Rodobens Incorporadora Imobiliaria 318 – SPE Ltda, Rodobens Moradas Incorporadora Imobiliaria – Pacatuba I – SPE Ltda, Sistema Facil Campinas I SPE Ltda, Sistema Facil Tambore 8 Villaggio SPE Ltda and Terra Nova Residence XVIII – SPE Ltda.

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.