Brazil Stock Market Based on Deep-Learning: Returns up to 13.25% in 14 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 brazil stock market 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: 14 Days (06/05/2019 – 06/19/2019)
I Know First Average: 5.64%
Brazil Stock Market

The algorithm correctly predicted 9 out 10 of the suggested trades in the Bovespa Package for this 14 Days forecast. ALSC3.SA was the highest-earning trade with a return of 13.25% in 14 Days. Additional high returns came from QUAL3.SA and MULT3.SA, at 9.67% and 8.93% respectively. The package had an overall average return of 5.64%, providing investors with a 2.80% premium over the Bovespa’s return of 2.84% during the period.

Aliansce Shopping Centers SA is a Brazil-based company active in the retail real estate development. The Company focuses on leasing stores and commercial space, managing parking areas, as well as planning and developing shopping centers. The Company’s activities are divided into two business segments: Shopping mall and Services. The Shopping mall division comprises the exploration of parking lots and leasing of shopping premises. The Services division is involved in the trading, rental, management, planning, construction and commercialization of shopping centers. The Company’s portfolio is composed of approximately 30 shopping malls in operation located in a number of Brazilian states, such as Rio de Janeiro, Sao Paulo, Minas Gerais, Bahia and Espirito Santo.

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.