Mexican Stocks Forecast Based on Algorithmic Trading: Returns up to 14.61% in 7 Days

Mexican Stocks Forecast

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 (4/29/2020 – 5/6/2020)
I Know First Average: 5.81%
Mexican Stocks Forecast
Mexican Stocks Forecast chart

This By Country – Mexican Stocks Package forecast had correctly predicted 9 out of 10 stock movements. GAPB.MX was the top performing prediction with a return of 14.61%. ASURB.MX, and ALSEA.MX had notable returns of 11.52% and 9.12%. The package had an overall average return of 5.81%, providing investors with a 2.59% premium over the S&P BMV IPC’s return of 3.22% 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 you should use the most recent forecast. Get today’s forecast and Top stock picks.