Stock Scanner Based on Algorithmic Trading: Returns up to 13.50% in 7 Days

Stock Scanner

This Brazil 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 Brazil stocks for the long position
  • Top 10 Brazil stocks for the short position

Package Name: By Country – Brazilian Stocks
Recommended Positions: Long
Forecast Length: 7 Days (07/31/2017 – 08/07/2017)
I Know First Average: 4.52%
Stock Scanner

In this 7 Days forecast for the By Country – Brazilian Stocks Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 stocks. The top-performing prediction in this forecast was SID, which registered a return of 13.50%. Other notable stocks were VALE and ITUB with a return of 7.03% and 6.49%. The package had an overall average return of 4.52%, providing investors with a premium of 4.16% over the S&P 500’s return of 0.36% during the same period.

Companhia Siderúrgica Nacional ADR  (SID)  operates as an integrated steel producer primarily in Brazil. It operates through five segments: Steel, Mining, Cement, Logistics, and Energy. The company primarily produces carbon steel and various steel products for automotive, home appliance, packaging, construction, and steel processing industries.

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.