Mexican Stocks Based on Stock Market Algorithm: Returns up to 5.42% in 14 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: 14 Days (8/11/2020 – 8/25/2020)
I Know First Average: 1.13%
Mexican Stocks
Mexican Stocks chart

For this 14 Days forecast the algorithm had successfully predicted 6 out of 10 movements. BIMBOA.MX was the top performing prediction with a return of 5.42%. ASURB.MX and LALAB.MX followed with returns of 4.57% and 2.23% for the 14 Days period. The package had an overall average return of 1.13%, providing investors with a 1.23% premium over the S&P BMV IPC’s return of -0.1% 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.