Mexican Stocks Based on Pattern Recognition: Returns up to 13.85% in 7 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: 7 Days (11/24/2020 – 12/1/2020)
I Know First Average: 3.57%
Mexican Stocks
Mexican Stocks chart

7 out of 10 stock prices in this forecast for the By Country – Mexican Stocks Package moved as predicted by the algorithm. ALSEA.MX was the highest-earning trade with a return of 13.85% in 7 Days. FUNO11.MX and GCARSOA1.MX followed with returns of 12.11% and 7.21% for the 7 Days period. The package had an overall average return of 3.57%, providing investors with a 2.08% premium over the S&P BMV IPC’s return of 1.49% 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.