Stock Market Forecasting

This Bovespa Stock forecast was generated by the I Know First Algorithm through its stock market forecasting of market trends and is part of the By Country Package. The full forecast includes daily predictions for a total of 40 stocks with bullish and bearish signals:

• • Top 20 Bovespa stocks for the long position
  • Top 20 Bovespa stocks for the short position

Package Name: Bovespa
Recommended Positions: Long
Forecast Length: 1 Month (05/07/2019 – 06/07/2019)
I Know First Average: 6.02%

This Bovespa Package forecast had correctly predicted 15 out of 20 stock movements. The top performing prediction from this package was MRVE3.SA with a return of 23.12%. QUAL3.SA, and CCRO3.SA had notable returns of 19.07% and 13.59%. The package had an overall average return of 6.02%, providing investors with a 3.06% premium over the Bovespa’s return of 2.96% during the period.

MRV Engenharia e Participacoes SA is a Brazil-based company engaged in the real estate development sector. The Company’s activities are divided into three business segments: Real estate development (Residential), which is active in the development, construction and sale of own and third-party real estate; Investment property (LOG), which focuses on the construction and rental, under operating leases, of industrial warehouses, shopping malls and strip malls, as well as subdivision and sale of industrial land, and Urban land subdivisions (Urbamais), which is responsible for the development and sale of residential and commercial urban land subdivisions. The Company’s project developments and construction works are carried out directly by the Company or through its partnerships and special purpose entities. Its subsidiaries include MDI Desenvolvimento Imobiliario Ltda, MRV Construcoes Ltda and Urbamais Propriedades e Participacoes SA, 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 20 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.