Radar PereneRadar Perene

Brazil market regime

Edition no. 5,905 · November 8, 2023 · 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 risk reading moved to a different level. Today, the Perene Index closed at 89.

The Pulse
Perene Risk Indexthe market’s structural state89/100Today ▲ +81
Ânima · structuralthe market’s prevailing risk appetite68/100Today ▲ +20
how to read?
The other times split evenly.
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, 2022
    Ibovespa that day116,037 pts
    the archive suggested+15% in 6m hist. median
    what happened in 6 months105,148 pts (-9%)
    Reread the edition of October 31, 2022 →
  2. ○Five years agoOctober 2018
    Ibovespa 87,424 → 91,727 pts (+5% in 6m) · reread →
  3. ○First time in the archiveMay 2000
    Ibovespa 14,957 → 13,287 pts (-11% in 6m) · reread →

In 52 times the archive saw the market in a state like today’s since 2000, the Ibovespa was higher six months later 58% of the time — median +3.4% — 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, 2022Perene 89 · defensive
  2. June 30, 2023Perene 89 · defensive
  3. October 31, 2022Perene 88 · defensive
  4. December 31, 2023Perene 90 · neutral
  5. July 31, 2001Perene 88
  6. October 31, 2008Perene 88
Today’s Read

Observed distribution, not a forecast.

  • Ibovespa: 119,099 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 · Research & Laboratory ·Track record · Browse the archive by phenomenon in the Observatory →

← previous edition · 2023-10-31all editions · Observatory2023-11-10 · next edition →