Brazil market regime

Edition no. 4,504 · March 16, 2018 · 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 extreme, now capitulation territory. The Perene Index stopped at 7.

The Pulse

Perene Risk Indexthe market’s structural state7/100Today ▲ +3

Ânima · structuralthe market’s prevailing risk appetite39/100Today ▲ +8

how to read?

The Archive Remembers ◎

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

●A year agoMay 31, 2017
Ibovespa that day62,711 pts
the archive suggested+12% in 6m hist. median
what happened in 6 months72,264 pts (+15%)
Reread the edition of May 31, 2017 →
○Five years agoMay 2013
Ibovespa 53,506 → 51,847 pts (-3% in 6m) · reread →
○First time in the archiveSeptember 2000
Ibovespa 15,559 → 14,719 pts (-5% in 6m) · reread →

In 44 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 +0.7% — 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.

Today’s Read

Observed distribution, not a forecast.

Ibovespa: 84,886 pts

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.

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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