Equity Research Based on Genetic Algorithms: Returns up to 29.36% in 14 Days
Equity Research
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 (08/30/2017 – 09/13/2017)
I Know First Average: 8.38%
This Bovespa Package forecast had correctly predicted 7 out of 10 stock movements. The top performing prediction from this package was USIM5.SA with a return of 29.36%. MEAL3.SA, and ESTC3.SA had notable returns of 14.36% and 12.45%. The package’s overall average return was 8.38%, providing investors with a 6.25% premium over the S&P 500’s return of 2.13% during the same period.
Usinas Siderúrgicas de Minas Gerais S.A. manufactures and markets flat steel products in Brazil and internationally. The companys 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.
