Mexican Stocks to Buy Based on Machine Learning: Returns up to 27.73% in 14 Days

Mexican Stocks to Buy

This Mexican stocks to buy 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 (12/16/20 – 12/30/20)
I Know First Average: 4.55%
Mexican Stocks to Buy
Mexican Stocks to Buy 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. GCARSOA1.MX was the top performing prediction with a return of 27.73%. GMEXICOB.MX and GENTERA.MX also performed well for this time horizon with returns of 6.44% and 5.38%, respectively. The package had an overall average return of 4.55%, providing investors with a 1.91% premium over the S&P BMV IPC’s return of 2.64% 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.