Radar PereneRadar Perene

Brazil market regime

Edition no. 6,462 · February 2, 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.

A lighter day on the reading. The session ended with the Perene at 79.

The Pulse
Perene Risk Indexthe market’s structural state79/100Today ▲ +26
Ânima · structuralthe market’s prevailing risk appetite61/100Today ▾ -11
how to read?
Risk above 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 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 agoJuly 2020
    Ibovespa 102,912 → 119,925 pts (+17% in 6m) · reread →
  3. ○First time in the archiveMay 2000
    Ibovespa 14,957 → 13,287 pts (-11% in 6m) · reread →

In 54 times the archive saw the market in a state like today’s since 2000, the Ibovespa was higher six months later 61% of the time — median +5.9% — 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. October 31, 2011Perene 79 · risk-on
  2. July 31, 2015Perene 79 · defensive
  3. December 31, 2019Perene 79 · risk-on
  4. January 31, 2022Perene 79 · defensive
  5. December 31, 2012Perene 79 · risk-on
  6. June 30, 2000Perene 79
Today’s Read

Observed distribution, not a forecast.

  • Ibovespa: 182,793 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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