Brazilian Stock Market Analysis Based on Deep Learning: Returns up to 118.03% in 1 Year

Brazilian Stock Market Analysis

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 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 Year (10/31/2017 – 10/31/2018)
I Know First Average: 37.82%
Brazilian Stock Market Analysis

The algorithm correctly predicted 7 out 10 of the suggested trades in the Bovespa Package for this 1 Year forecast. PRIO3.SA was the highest-earning trade with a return of 118.03% in 1 Year. Additional high returns came from LCAM3.SA and BTOW3.SA, at 97.23% and 64.21% respectively. The package had an overall average return of 37.82%, providing investors with a 9.55% premium over the S&P 500’s return of 28.27% during the period.

Petro Rio S.A., together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. The company is also involved in importing, exporting, refining, marketing, and distributing oil, natural gas, fuels, and oil byproducts; and generating, marketing, and distributing electricity. In addition, it provides consulting services and research projects for environmental, oil, natural gas, and mining; consulting services in the areas of collection, organic and inorganic chemical analyses; and interpreting data from geological, geochemical, and geophysical surveys, as well as remote sensing for these data; and consulting services for foreign trade. The company was formerly known as HRT Participações em Petróleo S.A. and changed its name to Petro Rio S.A. in June 2015. Petro Rio S.A. was founded in 2009 and is headquartered in Rio de Janeiro, 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.