Mexican Stocks Forecast Based on Pattern Recognition: Returns up to 11.57% in 14 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: 14 Days (6/6/21 – 6/20/21)
I Know First Average: 2.41%
Mexican Stocks Forecast
Mexican Stocks Forecast chart

During the 14 Days forecasted period several picks in the By Country – Mexican Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The top-performing prediction in this forecast was ALSEA.MX, which registered a return of 11.57%. Additional high returns came from GAPB.MX and GRUMAB.MX, at 7.59% and 2.6% respectively. The package had an overall average return of 2.41%, providing investors with a 2.74% premium over the S&P BMV IPC’s return of -0.33% 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.