Short Term Stocks To Buy Based on Genetic Algorithms: Returns up to 8.07% in 3 Days

Short Term Stocks To Buy

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 short term stocks to buy  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: 3 Days (08/24/2018 – 08/27/2018)
I Know First Average: 3.47%
Short Term Stocks To Buy

9 out of 10 stock prices in this forecast for the Bovespa Package moved as predicted by the algorithm. GOAU4.SA was our best stock pick this week a return of 8.07%. KROT3.SA and NATU3.SA followed with returns of 6.49% and 6.12% for the 3 Days period. The package saw an overall yield of 3.47% versus the S&P 500’s return of 1.39% implying a market premium of 2.08%.

Metalurgica Gerdau SA, formerly Metalurgica Hugo Gerdau SA, is a Brazil-based company engaged in the steel production industry. The Company focuses on manufacturing long steel and flat steel items, principally through the process of fabrication in electrical furnaces from scrap metal and purchased pig iron, as well as by producing steel from iron ore in the blast furnace and by direct reduction. Its activities are divided into four segments: Operations in Brazil, Operations in North America, Operations in Latin America and Special Steel Unit. Its products are distributed in various sectors, such as civil construction, agriculture, industrial automotive and The Company operates production plants in Brazil, Argentina, Chile, Colombia, Mexico, Peru, Venezuela, the United States, Canada, Spain and India, among others.

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.