Stock Market Forecasting Based on a Self-learning Algorithm: Returns up to 21.90% in 3 Days

Stock Market Forecasting

This Bovespa Stock forecast was generated by the I Know First Algorithm through its analysis of market data and is part of the Bovespa Package. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

  • Top 10 Brazil stocks for the long position
  • Top 10 Brazil stocks for the short position

Package Name: Bovespa
Recommended Positions: Long
Forecast Length: 3 Days (08/16/2017 – 08/19/2017)
I Know First Average: 3.09%
Stock Market Forecasting

In this 3 Days forecast for the Bovespa Stocks Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 stocks. The top-performing prediction in this forecast was BTOW3.SA, which registered a return of 21.90%. Other notable stocks were ESTC3.SA and NATU3.SA with a return of 8.02% and 3.19%. The package had an overall average return of 3.09%, providing investors with a premium of 4.67% over the S&P 500’s return of -1.58% during the same period.

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, 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.