Radar PereneRadar Perene

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

Edition no. 3,114 · July 31, 2012 · Regime risk_on · reconstructed essentials

◦ 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.

Utilities led in today's session. The Perene Index marked 29 at the close.

The Pulse
Perene Risk Indexthe market’s structural state31/100Today ▾ -69
how to read?
Risk above the territory's midline.
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The Archive Remembers ◎

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

  1. ●Five years agoNovember 30, 2007
    Ibovespa that day63,006 pts
    what happened in 6 months67,775 pts (+8%)
    Reread the edition of November 30, 2007 →
  2. ○First time in the archiveJanuary 2000
    Ibovespa 16,388 → 16,290 pts (-1% in 6m) · reread →

In 24 times the archive saw the market in a state like today’s since 2000, the Ibovespa was higher six months later 63% of the time — median +7.1% — not always upward. Explore the archive →

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. February 28, 2025Perene 31 · defensive
  2. July 31, 2003Perene 31
  3. June 30, 2021Perene 31 · risk-on
  4. December 31, 2009Perene 30
  5. February 28, 2014Perene 32 · neutral
  6. March 31, 2018Perene 32 · risk-on
Today’s Read

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

Observed distribution, not a forecast.

  • Ibovespa: 56,097 pts
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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. 3,114 · Regime risk_on · Radar Perene

Concepts: Brazil Regime · Intermarket BR · Historical Analogs · How to read: six steps · Methodology · Track record · From the archive: essays & precedents · Every risk-on stretch in the Atlas →

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