Stock Forecasting Based on Machine Learning: Returns up to 5.65% in 7 Days

Stock Forecasting

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 (04/17/2018 – 04/24/2018)
I Know First Average: 1.97%
Stock Forecasting

The algorithm correctly predicted 8 out 10 of the suggested trades in the Bovespa Package for this 7 Days forecast. QGEP3.SA was the highest-earning trade with a return of 5.65% in 7 Days. Additional high returns came from USIM3.SA and DAGB33.SA, at 4.75% and 4.26% respectively. The package had an overall average return of 1.97%, providing investors with a 3.59% premium over the S&P 500’s return of -1.62% during the period.

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

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.