Brazilian Stocks

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 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 & Short
Forecast Length: 1 Month (05/12/2019 – 06/12/2019)
I Know First Average: 9.16% (Long) & 6.09% (Short)

During the 1 Month forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from INEP4.SA which registered a return of 23.93%. For the long positions the largest growth was registered by JSLG3.SA with a return of 21.58%, during the same period. The package itself, had an overall average return of 9.16%, in the long position, providing a premium of 9.21% over the SP500’s return of -0.05%. With regards to the short position, the package had an overall average return of 6.09%, providing investors with a premium of 1.78% over S&P500’s return of 4.31%. The I Know First’s Stock Market Algorithm accurately forecasted 9 out of 10 stocks, for the long position, and 7 out of 10 stocks, for the short position for this 1 Month forecasted period.

Inepar SA Industria e Construcoes (Inepar) is a Brazil-based company primarily engaged in the provision of industrial construction services for the oil and gas sector. The Company is engaged in the production and supply of capital goods and equipment, as well as in the provision of solutions and services for industrial sectors. Inepar supplies equipment and services for generation, transmission and distribution of electric energy; exploration and processing of oil and gas; rail and subway transportation; and cargo handling infrastructure. On January 27, 2012, the Company incorporated Inepar Energia SA, which is engaged in the transmission, distribution, generation and commercialization of hydroelectric and thermoelectric energy. In April, 2012, the Company acquired a 50% stake in Companhia Brasileira de Diques, which is engaged in the operation of the shipyard Estaleiro Inhauma.

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

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.