Daily Market Forecast

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: 14 Days (07/03/2018 – 07/17/2018)
I Know First Average: 6.15%

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this Bovespa Package for the 14 Days time period. The greatest return came from RADL3.SA at 15.55%. QGEP3.SA and BBAS3.SA also performed well for this time horizon with returns of 11.55% and 8.27%, respectively. The package itself saw an overall return of 6.15%, providing investors with a 3.11% premium above the S&P 500’s return of 3.04% for the same time period.

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.