Radar PereneRadar Perene

Brazil market regime

Edition no. 6,461 · January 30, 2026 · 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.

Market sentiment worsened. Today, the Perene Index closed at 66.

The Pulse
Perene Risk Indexthe market’s structural state66/100Today ▾ -7
Ânima · structuralthe market’s prevailing risk appetite61/100Today ▾ -5
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. ●A year agoJanuary 31, 2025
    Ibovespa that day126,135 pts
    the archive suggested+5% in 6m hist. median
    what happened in 6 months133,151 pts (+6%)
    Reread the edition of January 31, 2025 →
  2. ○Five years agoNovember 2020
    Ibovespa 108,888 → 129,787 pts (+19% in 6m) · reread →
  3. ○First time in the archiveAugust 2000
    Ibovespa 17,347 → 16,123 pts (-7% in 6m) · reread →

In 69 times the archive saw the market in a state like today’s since 2000, the Ibovespa was higher six months later 71% of the time — median +7.3% — 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. June 30, 2007Perene 66
  2. January 31, 2002Perene 66
  3. April 30, 2001Perene 66
  4. September 30, 2004Perene 67
  5. January 31, 2007Perene 67
  6. November 30, 2023Perene 67 · neutral
Today’s Read

Observed distribution, not a forecast.

  • Ibovespa: 181,364 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 · 2026-01-29all editions · Observatory2026-01-31 · next edition →