Brazilian Stock Market Projections

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 Brazilian stock market projections 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: 3 Days (05/26/2019 – 05/30/2019)
I Know First Average: 4.98%

For this 3 Days forecast the algorithm had successfully predicted 7 out of 10 movements. The highest trade return came from BPAN4.SA, at 38.58%. The suggested trades for ETER3.SA and GOLL4.SA also had notable 3 Days yields of 9.29% and 8.97%, respectively. The package had an overall average return of 4.98%, providing investors with a 0.89% premium over the Bovespa’s return of 4.09% during the period.

Banco Pan SA, formerly Banco Panamericano SA, is a Brazil-based commercial bank. The Bank provides a range of financial services and products, including consumer loans, passenger car leasing, and sales financing, among others. The Company operates through five main segments: Financial, which offers consumer credits, credit cards, leasing and investment services; Consortium, which is involved in the management of third party goods, such as cars, motorcycles, electronics and real estate properties; Receivables Securitization; Sales Promoter, and Others. The Company offers its services both to individual and business clients.

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.