Radar PereneRadar Perene

Brazil's market is in a risk-on regime.

Edition no. 2,950 · November 30, 2011 · Regime risk_on · reconstructed essentials · 2 min read

◦ Written under index methodology v1 (in effect until 15 Jul 2026). The current series is v2 — readings quoted here may differ from those shown today. See the methodology.

The market returned to an appetite extreme. Today, the Perene Index closed at 88.

The Pulse
Perene Risk Indexthe market’s structural state86/100
how to read?
History favored gains — without unanimity.
Advertisement
The Archive Remembers ◎

Other times the archive saw the market in a state like today’s — what came next.

  1. ●A year agoOctober 31, 2010
    Ibovespa that day71,561 pts
    what happened in 6 months64,622 pts (-10%)
    Reread the edition of October 31, 2010 →
  2. ○Five years agoNovember 2006
    Ibovespa 41,932 → 52,049 pts (+24% in 6m) · reread →
  3. ○First time in the archiveMay 2000
    Ibovespa 14,957 → 13,287 pts (-11% in 6m) · reread →

In 26 times the archive saw the market in a state like today’s since 2000, the Ibovespa was higher six months later 73% of the time — median +8.3% — not always upward. Explore the archive →

Gravitational neighbors — days that behave like this one, from any era
Editions in a similar state

Other editions the archive read in a market state close to today’s — same neighbourhood of the Perene Risk Index.

  1. March 31, 2009Perene 86
  2. December 31, 2008Perene 86
  3. April 30, 2011Perene 86 · risk-on
  4. February 29, 2008Perene 87
  5. July 31, 2023Perene 85 · neutral
  6. August 31, 2022Perene 87 · defensive
Today’s Read

The global backdrop is neutral and the intermarket strong risk-off.

Observed distribution, not a forecast.

  • Ibovespa: 56,875 pts
Advertisement
For the Next Edition

The next reading arrives on the next business day — the regime is monthly, and the daily pulse carries the change until month-end.

Edition no. 2,950 · Regime risk_on · Radar Perene

Concepts: Brazil Regime · Intermarket BR · Historical Analogs · How to read: six steps · Methodology · Research & Laboratory ·Track record · Every risk-on stretch in the Observatory →

all editions · Observatory