Radar PereneRadar Perene

Brazil market regime

Edition no. 5,455 · January 20, 2022 · 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 Perene Index rose to the high end of the scale, now at 100.

The Pulse
Perene Risk Indexthe market’s structural state100/100Today → AT THE TOP
Ânima · structuralthe market’s prevailing risk appetite56/100Today ▲ +31
how to read?
History favored gains — without unanimity.
Advertisement
The Archive Remembers ◎

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

  1. ●A year agoDecember 31, 2020
    Ibovespa that day118,558 pts
    the archive suggested+8% in 6m hist. median
    what happened in 6 months127,019 pts (+7%)
    Reread the edition of December 31, 2020 →
  2. ○Five years agoJuly 2016
    Ibovespa 56,756 → 64,836 pts (+14% in 6m) · reread →
  3. ○First time in the archiveDecember 2000
    Ibovespa 15,425 → 14,048 pts (-9% in 6m) · reread →

In 48 times the archive saw the market in a state like today’s since 2000, the Ibovespa was higher six months later 67% of the time — median +5.3% — 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. March 31, 2022Perene 100 · defensive
  2. December 31, 2018Perene 100 · risk-on
  3. November 30, 2018Perene 100 · risk-on
  4. December 31, 2017Perene 100 · risk-on
  5. June 30, 2016Perene 100 · neutral
  6. March 31, 2014Perene 100 · neutral
Today’s Read

Observed distribution, not a forecast.

  • Ibovespa: 109,102 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.

Concepts: Brazil Regime · Intermarket BR · Historical Analogs · How to read: six steps · Methodology · Track record · From the archive: essays & precedents · See every extreme like this one in the Atlas →

← previous edition · 2021-12-31all editions · Atlas2022-01-25 · next edition →