Radar PereneRadar Perene

Brazil market regime

Edition no. 6,286 · May 22, 2025 · 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 continuity of recent days gave way to movement. The Perene Index stopped at 76.

The Pulse
Perene Risk Indexthe market’s structural state76/100Today ▲ +1
Ânima · structuralthe market’s prevailing risk appetite67/100Today ▾ -3
how to read?
Risk above the territory's midline.
Advertisement
The Archive Remembers ◎

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

  1. ●Five years agoJuly 31, 2020
    Ibovespa that day102,912 pts
    the archive suggested+2% in 6m hist. median
    what happened in 6 months119,925 pts (+17%)
    Reread the edition of July 31, 2020 →
  2. ○First time in the archiveMay 2000
    Ibovespa 14,957 → 13,287 pts (-11% in 6m) · reread →

In 59 times the archive saw the market in a state like today’s since 2000, the Ibovespa was higher six months later 63% of the time — median +6.1% — 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, 2008Perene 76
  2. June 30, 2025Perene 76 · defensive
  3. August 31, 2017Perene 77 · neutral
  4. May 31, 2025Perene 77 · defensive
  5. February 28, 2006Perene 75
  6. February 28, 2005Perene 75
Today’s Read

Observed distribution, not a forecast.

  • Ibovespa: 137,273 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 · 2025-05-21all editions · Observatory2025-05-23 · next edition →