Mexican Stocks to Buy Based on Predictive Analytics: Returns up to 19.53% in 1 Month

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: 1 Month (9/13/2020 – 10/13/2020)
I Know First Average: 6.84%
Mexican Stocks to Buy
Mexican Stocks to Buy chart

During the 1 Month forecasted period several picks in the By Country – Mexican Stocks Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. The prediction with the highest return was GAPB.MX, at 19.53%. IENOVA.MX and GCARSOA1.MX followed with returns of 14.55% and 7.83% for the 1 Month period. The package had an overall average return of 6.84%, providing investors with a 1.89% premium over the S&P BMV IPC’s return of 4.95% 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.