Radar PereneRadar Perene

Brazil's market is in a neutral regime.

Edition no. 4,227 · January 31, 2017 · Regime neutro · 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 Perene Index gave back ground and closed at 78. The backdrop remains in constructive territory.

The Pulse
Perene Risk Indexthe market’s structural state83/100Today ▾ -15
Ânima · structuralthe market’s prevailing risk appetite72/100Today ▲ +3
how to read?
The market on the neutral plain.
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, 2015
    Ibovespa that day48,054 pts
    the archive suggested-9% in 6m hist. median
    what happened in 6 months52,764 pts (+10%)
    Reread the edition of October 31, 2015 →
  2. ○Five years agoNovember 2011
    Ibovespa 56,875 → 52,481 pts (-8% in 6m) · reread →
  3. ○First time in the archiveMay 2000
    Ibovespa 14,957 → 13,287 pts (-11% in 6m) · reread →

In 49 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 +5.8% — 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. May 31, 2023Perene 84 · defensive
  2. October 31, 2015Perene 83 · defensive
  3. April 30, 2023Perene 82 · defensive
  4. September 30, 2022Perene 82 · defensive
  5. November 30, 2003Perene 84
  6. October 31, 2013Perene 84 · risk-on
Today’s Read

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

Observed distribution, not a forecast.

  • Ibovespa: 64,671 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. 4,227 · Regime neutro · Radar Perene

Concepts: Brazil Regime · Intermarket BR · Historical Analogs · How to read: six steps · Methodology · Research & Laboratory ·Track record · Browse the archive by phenomenon in the Observatory →

← previous edition · 2017-01-26all editions · Observatory2017-02-03 · next edition →