Brazilian Stock Price Prediction Based on a Self-learning Algorithm: Returns up to 10.15% in 14 Days

Brazilian Stock Price Prediction

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 (03/12/2019 – 03/26/2019)
I Know First Average: 3.43%
Stock Price Prediction

The algorithm correctly predicted 7 out 10 of the suggested trades in the Bovespa Package for this 14 Days forecast. GSHP3.SA was the highest-earning trade with a return of 10.15% in 14 Days. Additional high returns came from CSNA3.SA and PRIO3.SA, at 8.79% and 7.74% respectively. The package had an overall average return of 3.43%, providing investors with a 6.20% premium over the Bovespa’s return of -2.77% during the period.

General Shopping e Outlets do Brasil SA, formerly known as General Shopping Brasil SA, is a Brazil-based company primarily engaged in the operation of shopping centers. The Company’s main activities include the planning and management of shopping centers; lease of commercial premises; rental of advertising and promotional space, and administration of parking lots in shopping centers. Additionally, the Company and its subsidiaries are involved in the rental of equipment for electricity supply, as well as in the management of water supply. The Company has such subsidiaries as: Levian Participacoes e Empreendimentos Ltda, Atlas Participacoes Ltda and General Shopping Finance Limited, 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 10 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.