Market Forecasts Based on Machine Learning: Returns up to 24.67% in 7 Days

Market Forecasts

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: 7 Days (08/16/2017 – 08/23/2017)
I Know First Average: 7.75%
Market Forecasts

During the 7 Days forecasted period several picks in the Bovespa Package saw significant returns. The algorithm had correctly predicted 8 out 10 stocks. The prediction with the highest return was BTOW3.SA, at 24.67%. Further notable returns came from ESTC3.SA and USIM5.SA at 19.54% and 13.68%, respectively. The Bovespa package had an overall average return of 7.75%, providing investors with a premium of 8.58% over the S&P 500’s return of -0.83%.

B2W – Companhia Digital engages in the e-commerce business through a digital platform in Brazil. It offers various categories of products and services under the, Submarino, Shoptime, and Sou Barato brands through a network of Internet, telesales, catalogs, TV, and kiosk distribution channels.

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.