Brazilian Stocks Scanner

This Bovespa Brazilian Stocks scanner 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 & Short
Forecast Length: 1 Month (02/26/2019 – 03/26/2019)
I Know First Average: 3.41% (Long) & 5.34% (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 FHER3.SA which registered a return of 17.88%. For the long positions the largest growth was registered by CSNA3.SA with a return of 20.92%, during the same period. The package itself, had an overall average return of 3.41%, in the long position, providing a premium of 2.61% over the Bovespa’s return of 0.80%. With regards to the short position, the package had an overall average return of 5.34%, providing investors with a premium of 7.33% over Bovespa’s return of -1.99%. The I Know First’s Stock Market Algorithm accurately forecasted 5 out of 10 stocks, for the long position, and 8 out of 10 stocks, for the short position for this 1 Month forecasted period.

Companhia Siderurgica Nacional is a Brazil-based company engaged in the steel industry. The Company operates throughout the entire steel production chain, from the mining of iron ore to the production and sale of a range of steel products, including coated galvanized flat steel and tinplate. The Company operates in five segments: Steel, Mining, Cement, Logistics and Energy. The Steel segment focuses on the production, distribution and sale of flat steel, long steel, metallic containers and galvanized steel, with operations in Brazil, the United States, Portugal and Germany. The Mining segment encompasses the activities of iron ore and tin mining. The Cement segment is responsible for the cement production, distribution and sale operations. The Logistics segment manages port terminal for containers, as well as railway networks. The Energy segment includes generation of electric power. The Company is controlled by Vicunha Acos SA.

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.