Stock Price Predictor Based on Machine Learning: Returns up to 48.55% in 1 Month

Stock Price Predictor

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: 1 Month (08/04/2017 – 09/04/2017)
I Know First Average: 16.88%
Stock Price Predictor

Several predictions in this long-term 1 Month forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. USIM5.SA was the top performing prediction with a return of 48.55%. ESTC3.SA and MEAL3.SA saw outstanding returns of 43.74% and 31.73%. With these notable trade returns, the package itself registered an average return of 16.88% compared to the S&P 500’s return of 0.18% for the same period.

Usinas Siderúrgicas de Minas Gerais S.A. manufactures and markets flat steel products in Brazil and internationally. The company’s products include heavy plates, sincron, hot and cold rolled products, laser welded assemblies, slits/rolls, blanks, and hot-dip galvanized and electrogalvanized coils and sheets. It also provides pipes in various sizes, shapes, and thicknesses.

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.