Undervalued Stocks Based on Genetic Algorithms: Returns up to 12.09% in 7 Days

Undervalued Stocks

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 (07/05/2017 – 07/12/2017)
I Know First Average: 5.67%
Undervalued Stocks

Several predictions in this short-term 7 Days forecast saw significant returns. The algorithm had correctly predicted 10 out 10 stock movements. SID was the top performing prediction with a return of 12.09%. GGB and BBD saw outstanding returns of 9.71% and 7.26%. With these notable trade returns, the package itself registered an average return of 5.67% compared to the S&P 500’s return of -0.14% for 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.