Brazilian Stock Signals  Based on Pattern Recognition: Returns up to 7.28% in 3 Days

Brazilian Stock Signals

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 signals for bullish and bearish positions:

    • 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 (05/17/2019 – 05/20/2019)
I Know First Average: 2.32%
Brazilian Stock Signals 

In this 3 Days forecast for the Bovespa Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 trades. The top-performing prediction in this forecast was NATU3.SA, which registered a return of 7.28%. Other notable stocks were JBSS3.SA and MRFG3.SA with a return of 5.82% and 4.82%. The package had an overall average return of 2.32%, providing investors with a 0.19% premium over the Bovespa’s return of 2.13% during the period.

Natura Cosmeticos SA is a Brazil-based company engaged in the personal products manufacture. The Company focuses on the development, production and distribution of cosmetics, fragrances and personal hygiene products through direct sale by Natura Beauty Consultants. The Company’s product lines include deodorants, makeup accessories, sunscreens, shaving creams, shampoos, soaps, lotions, creams, lipsticks and perfumes, among others. Its portfolio comprises various brand names, such as Amo, Ekos, Tododia, Aguas, Chronos, Erva Doce, Homem, Horus, Seve and Luna. In addition, the Company operates the Aesop brand name, through which retails cosmetics. It is present in the Americas, Europe, Southeast Asia and Australia. The Company controls numerous subsidiaries, such as Industria e Comercio de Cosmeticos Natura Ltda, Natura Inovacao e Tecnologia de Produtos Ltda and Emeis Holdings Pty 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.