Mexican Stocks Based on Big Data: Returns up to 16.36% in 3 Days

Mexican Stocks

This Mexican stocks forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

  • Top 10 Mexican stocks for the long position
  • Top 10 Mexican stocks for the short position

Package Name: By Country – Mexican Stocks
Recommended Positions: Long
Forecast Length: 3 Days (11/8/2020 – 11/12/2020)
I Know First Average: 6.61%
Mexican Stocks
Mexican Stocks chart

Several predictions in this 3 Days forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. ASURB.MX was the highest-earning trade with a return of 16.36% in 3 Days. BSMXB.MX, and GFINBURO.MX had notable returns of 14.56% and 14.02%. The package had an overall average return of 6.61%, providing investors with a 1.92% premium over the S&P BMV IPC’s return of 4.69% during the period.

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.