Mexican Stocks Outlook

This Mexican stocks forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 Mexican stocks with bullish and bearish signals:

• Top 10 Mexican stocks for the long position
• Top 10 Mexican stocks for the short position

Package Name: Mexican Stocks
Recommended Positions: Long
Forecast Length: 14 Days (06/26/2018 – 07/10/2018)
I Know First Average: 5.84%

The algorithm correctly predicted 9 out 10 of the suggested trades in the International Stocks Package for this 14 Days forecast. GENTERA.MX was the highest-earning trade with a return of 13.67% in 14 Days. Additional high returns came from LIVEPOLC1.MX and BIMBOA.MX, at 10.06% and 8.01% respectively. The package had an overall average return of 5.84%, providing investors with a 3.01% premium over the S&P 500’s return of 2.83% during the period.

Gentera SAB de CV (Gentera), formerly Compartamos SAB de CV, is a Mexico-based financial institution specialized in banking and credit services. Gentera’s main activities are: granting loans and credits to communal banks, community groups, low-income individuals; offering saving accounts, insurance policies, administration and human resources services, making payments of family remittance and granting operation with securities and other financial instruments. The Company operates in Mexico, the United States, Guatemala and Peru, through such subsidiaries as: Compartamos Banco, a micro-financing bank; Yastas, a network of affiliated merchants that provide payments and financial transactions, Pagos Intermex SA de CV, the payment of family remittances company and Aterna, an intermediary between the distribution channels and the insurance industry.

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.