Radar PereneRadar Perene

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

Edition no. 4,414 · October 31, 2017 · 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.

After several flat days, the day registered movement. The Perene Index marked 5 at the close. In the index composition, utilities lost relative ground.

The Pulse
Perene Risk Indexthe market’s structural state8/100Today ▲ +8
Ânima · structuralthe market’s prevailing risk appetite69/100Today ▲ +1
how to read?
The other times split evenly.
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The Archive Remembers ◎

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

  1. ●A year agoOctober 31, 2016
    Ibovespa that day64,925 pts
    what happened in 6 months65,526 pts (+1%)
    Reread the edition of October 31, 2016 →
  2. ○Five years agoMay 2013
    Ibovespa 53,506 → 51,847 pts (-3% in 6m) · reread →
  3. ○First time in the archiveSeptember 2000
    Ibovespa 15,559 → 14,719 pts (-5% in 6m) · reread →

In 42 times the archive saw the market in a state like today’s since 2000, the Ibovespa was higher six months later 52% of the time — median +0.5% — 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. October 31, 2023Perene 8 · defensive
  2. May 31, 2017Perene 8 · neutral
  3. September 30, 2000Perene 9
  4. November 30, 2000Perene 7
  5. April 30, 2024Perene 7 · neutral
  6. November 30, 2021Perene 9 · defensive
Today’s Read

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

Observed distribution, not a forecast.

  • Ibovespa: 74,308 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. 4,414 · Regime risk_on · Radar Perene

Concepts: Brazil Regime · Intermarket BR · Historical Analogs · How to read: six steps · Methodology · Research & Laboratory ·Track record · See every extreme like this one in the Observatory →

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