Brazil Stock Market Based on Big Data: Returns up to 13.48% in 7 Days
Brazil Stock Market
This Bovespa Stock forecast was generated by the I Know First Algorithm through its analysis of Brazil stock market data and is part of the By Country Package. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:
- Top 10 Bovespa stocks for the long position
- Top 10 Bovespa stocks for the short position
Package Name: Bovespa
Recommended Positions: Short
Forecast Length: 7 Days (2/11/22 – 2/19/22)
I Know First Average: 5.8%
10 out of 10 top stock picks from the algorithm decreased as predicted for this 7 Days forecasting period. PYPL34.SA saw monumental price change of 13.48% in just 7 Days. FBOK34.SA, and L1MN34.SA also had excellent performances with returns of 12.01% and 9.46% respectively. Finally, good returns could also come from short positions held on the rest of successfully predicted assets, providing positive gains over the same forecast 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.