Radar PereneRadar Perene

Brazil market regime

Edition no. 6,158 · November 8, 2024 · 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 ended roughly where it began. The Perene Index settled at 17 by day's end.

The Pulse
Perene Risk Indexthe market’s structural state17/100Today ▲ +17
Ânima · structuralthe market’s prevailing risk appetite26/100Today ▲ +12
how to read?
Risk below the territory's midline.
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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, 2023
    Ibovespa that day113,144 pts
    the archive suggested+6% in 6m hist. median
    what happened in 6 months129,210 pts (+14%)
    Reread the edition of October 31, 2023 →
  2. ○Five years agoOctober 2019
    Ibovespa 107,220 → 79,065 pts (-26% in 6m) · reread →
  3. ○First time in the archiveSeptember 2000
    Ibovespa 15,559 → 14,719 pts (-5% in 6m) · reread →

In 67 times the archive saw the market in a state like today’s since 2000, the Ibovespa was higher six months later 57% of the time — median +2.6% — 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. July 31, 2025Perene 18 · defensive
  2. April 30, 2005Perene 18
  3. October 31, 2024Perene 16 · defensive
  4. January 31, 2015Perene 16 · neutral
  5. July 31, 2007Perene 15
  6. May 31, 2012Perene 19 · risk-on
Today’s Read

Observed distribution, not a forecast.

  • Ibovespa: 127,830 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.

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 →

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