Buy And Hold Based on a Self-learning Algorithm: Returns up to 51.18% in 1 Month

Buy And Hold

Buy And Hold. 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 Month (08/06/2017 – 09/06/2017)
I Know First Average: 17.49%
Buy And Hold

For this 1 Month forecast the algorithm had successfully predicted 8 out of 10 movements. The highest trade return came from USIM5.SA, at 51.18%. The suggested trades for BTOW3.SA and MEAL3.SA also had notable 1 Month yields of 40.15% and 33.61%, respectively. The overall average return in this Bovespa package was 17.49%, providing investors with a 17.95% premium over the S&P 500’s return of -0.46% during the same period.

Usinas Siderúrgicas de Minas Gerais S.A. manufactures and markets flat steel products in Brazil and internationally. The company’s products include heavy plates, sincron, hot and cold rolled products, laser welded assemblies, slits/rolls, blanks, and hot-dip galvanized and electrogalvanized coils and sheets. It also provides pipes in various sizes, shapes, and thicknesses.

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.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.