Stock Market Forecast

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 (08/07/2017 – 08/21/2017)
I Know First Average: 6.87%

During the 14 Days forecasted period several picks in the Bovespa Package saw significant returns. The algorithm had correctly predicted 7 out 10 stocks. The prediction with the highest return was BTOW3.SA, at 32.87%. Further notable returns came from POMO4.SA and HGTX3.SA at 11.61% and 10.49%, respectively. The Bovespa package had an overall average return of 6.87%, providing investors with a premium of 8.83% over the S&P 500’s return of -1.96%.

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 Americanas.com, 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.

How to interpret this diagram

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