Market Predictions Based on Artificial Intelligence: Over 11% Return In 7 Days
Market Predictions
As a result of market predictions by using big data and stock trends, the best stocks to invest in for the Brazil Stock Forecast and is part of the package “By Country”, as one of I Know First’s stock trend research. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:
- Top ten Brazil stocks pick to long
- Top ten Brazil stocks pick to short
Package Name: Brazil Stock Forecast
Recommended Positions: Long
Forecast Length: 7 Days (10/02/16 – 10/09/16)
I Know First Average: 5.08%
During the 7-days forecast, the algorithm had correctly predicted 100% of the stock movements. Companhia Siderurgica Nacional ADR (SID) was our top-performing stock pick for this forecast with a return of 11.23%. Gerdau SA ADR (GGB) and Banco Bradesco SA ADR (BBD) as well had strong returns of 9.56% and 7.46%, respectively. The package had an overall average return of 5.08%, providing investors with 5.75% premium above the S&P 500’s return of -0.67% for the same period.
Companhia Siderúrgica Nacional ADR (SID) operates as an integrated steel producer primarily in Brazil. It operates through five segments: Steel, Mining, Cement, Logistics, and Energy. The company primarily produces carbon steel and various steel products for automotive, home appliance, packaging, construction, and steel processing industries.
The Algorithm: The system is a predictive algorithm that is based on Artificial Intelligence (AI), Machine Learning (ML), and incorporating elements of Artificial Neural Networks and Genetic Algorithms. The system’s predictive analytics are self-updating and thus live. The algorithm is a powerful resource for any investor conducting black-box trading or algo trading.
Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.
