Stock Price Prediction Based on Big Data Analytics: Returns up to 41.24% in 3 Months

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 stock price prediction 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: 3 Months (03/07/2019 – 06/07/2019)
I Know First Average: 12.72%
Stock Price Prediction

This Bovespa Package forecast had correctly predicted 19 out of 20 stock movements. The top performing prediction from this package was QUAL3.SA with a return of 41.24%. CPLE6.SA, and MRVE3.SA had notable returns of 37.74% and 28.81%. The package had an overall average return of 12.72%, providing investors with a 8.89% premium over the Bovespa’s return of 3.83% during the period.

Qualicorp SA, formerly QC Holding I Participacoes SA, is a Brazil-based company primarily active in the healthcare insurance sector. The Company focuses on administrating and managing healthcare plans, including group health and dental insurance. Its activities are divided into two areas: Affinity and Corporate. The Affinity division offers intermediary services between insurance providers and institutions, as well as additional administrative services, such as monitoring of the medical services used and monthly billing. The Corporate division provides insurance advisory, brokerage, management of outsourced benefits, connectivity and risk to national and international companies, as well as government bodies. The Company operates through a number of subsidiaries, such as Qualicorp Corretora de Seguros SA, Qualicorp Administradora de Beneficios SA and Gama Saude Ltda.

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.