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 Brazil stock market daily predictions 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: 1 Month (05/12/2019 – 06/13/2019)
I Know First Average: 11.17%

The algorithm correctly predicted 9 out 10 of the suggested trades in the Bovespa Package for this 1 Month forecast. JSLG3.SA was the highest-earning trade with a return of 23.68% in 1 Month. Additional high returns came from GOLL4.SA and QUAL3.SA, at 20.82% and 18.57% respectively. The package had an overall average return of 11.17%, providing investors with a 6.38% premium over the Bovespa’s return of 4.79% during the period.

JSL SA is a Brazil-based company engaged in the logistics sector. The Company provides services throughout the production chain, from cargo transportation, fleet management, passenger transportation services to the outsourcing of the logistics chain. JSL SA operates through two segments, such as Logistics Operations and Concessionaires. The Logistics Operations segment, through its subsidiaries, provides logistic services mainly for road transportation of cargo, public transport, collection and transportation of household, commercial or industrial waste, leasing of machinery, equipment and vehicles, and river transportation of cargo. The Concessionaires segment, through its subsidiary JSL Investimentos em Concessionarias e Lojas de Veiculos, Maquinas e Equipamentos SA, operates in the sale of light and heavy vehicles, the resale of vehicles, parts, machines and accessories, and mechanics, bodywork and painting, in addition to insurance brokerage.

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.