Radar PereneRadar Perene

Brazil's market is in a defensive regime.

Edition no. 4,185 · November 30, 2016 · Regime defensivo · 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.

Another day of pressure. The index reads 14 — risk-off.

The Pulse
Perene Risk Indexthe market’s structural state14/100Today ▲ +13
Ânima · structuralthe market’s prevailing risk appetite32/100Today ▾ -10
how to read?
Risk below 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 agoJuly 31, 2011
    Ibovespa that day58,536 pts
    the archive suggested+0% in 6m hist. median
    what happened in 6 months64,593 pts (+10%)
    Reread the edition of July 31, 2011 →
  2. ○First time in the archiveSeptember 2000
    Ibovespa 15,559 → 14,719 pts (-5% in 6m) · reread →

In 46 times the archive saw the market in a state like today’s since 2000, the Ibovespa was higher six months later 57% of the time — median +1.2% — 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. September 30, 2014Perene 14 · neutral
  2. February 28, 2011Perene 15 · risk-on
  3. February 28, 2010Perene 15
  4. May 31, 2018Perene 15 · neutral
  5. December 31, 2024Perene 15 · defensive
  6. July 31, 2011Perene 15 · risk-on
Today’s Read

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

Observed distribution, not a forecast.

  • Ibovespa: 61,906 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. 4,185 · Regime defensivo · Radar Perene

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

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