Stock Picking By Using Big Data

The Brazil Stock forecast is generated by the I Know First Algorithm through, Stock Picking By Using Big 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 Brazil stocks for the long position
• Top 10 Brazil stocks for the short position

Package Name: By Country – Brazil Stock Forecast
Recommended Positions: Long
Forecast Length: 7 Days (10/17/2016 – 10/24/2016)
I Know First Average: 5.31%

Several predictions in this short-term 7 Days forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. PBR was the top performing prediction with a return of 11.40%. ERJ and BAK saw outstanding returns of 8.26% and 7.73%. With these notable trade returns, the package itself registered an average return of 5.31% compared to the S&P 500’s return of 0.86% for the same period.

Petróleo Brasileiro S.A. (PBR) Petrobras is a is a semi-public Brazilian multinational corporation in the petroleum industry and its headquarter is in Rio de Janeiro, Brazil. Petrobras was founded in 1953 and today has a production out put of 2.3 million barrels of oil which are distributed world wide.

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.

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