Market Predictions Based on Stock Market Algorithm: Returns up to 16.55% in 14 Days

Market Predictions

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 (07/01/2018 – 07/15/2018)
I Know First Average: 6.14%
Market Predictions

9 out of 10 stock prices in this forecast for the Bovespa Package moved as predicted by the algorithm. QGEP3.SA was our best stock pick this week a return of 16.55%. RADL3.SA and PFRM3.SA followed with returns of 12.58% and 11.43% for the 14 Days period. The package saw an overall yield of 6.14% versus the S&P 500’s return of 3.05% implying a market premium of 3.09%.

QGEP Participações S.A., together with its subsidiaries, engages in the exploration, production, and sale of oil, natural gas, and their byproducts in Brazil. It has a portfolio of 12 exploration blocks in offshore sedimentary basins in Brazil. The company was formerly known as Latina Participações S.A. and changed its name to QGEP Participações S.A. in September 2010. QGEP Participações S.A. was founded in 2009 and is based in Rio de Janeiro, Brazil. QGEP Participações S.A. is a subsidiary of Construtora Queiroz Galvão S.A.

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.