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: 14 Days (8/4/2020 – 8/18/2020)
I Know First Average: 5.04%

In this 14 Days forecast for the By Country – Mexican Stocks Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. The top performing prediction from this package was GAPB.MX with a return of 17.81%. LALAB.MX and BIMBOA.MX saw outstanding returns of 15.0% and 8.57%. The package had an overall average return of 5.04%, providing investors with a 0.94% premium over the S&P BMV IPC’s return of 4.1% 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.