Radar PereneRadar Perene

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

Edition no. 4,908 · October 31, 2019 · 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.

The session improved the market's mood. The Perene Index marked 6 at the close.

The Pulse
Perene Risk Indexthe market’s structural state11/100Today ▲ +11
Ânima · structuralthe market’s prevailing risk appetite55/100Today ▲ +3
how to read?
The market on the neutral plain.
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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 agoMay 31, 2018
    Ibovespa that day77,240 pts
    the archive suggested+17% in 6m hist. median
    what happened in 6 months88,624 pts (+15%)
    Reread the edition of May 31, 2018 →
  2. ○Five years agoSeptember 2014
    Ibovespa 54,116 → 53,737 pts (-1% in 6m) · reread →
  3. ○First time in the archiveSeptember 2000
    Ibovespa 15,559 → 14,719 pts (-5% in 6m) · reread →

In 54 times the archive saw the market in a state like today’s since 2000, the Ibovespa was higher six months later 69% of the time — median +9.4% — 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. May 31, 2006Perene 11
  2. March 31, 2020Perene 11 · risk-on
  3. November 30, 2017Perene 11 · risk-on
  4. September 30, 2009Perene 10
  5. November 30, 2021Perene 9 · defensive
  6. September 30, 2021Perene 13 · neutral
Today’s Read

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

Observed distribution, not a forecast.

  • Ibovespa: 107,220 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. 4,908 · 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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