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Brazil market regime

Edition no. 6,513 · April 17, 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.

Another day in the same rhythm.

The Pulse
Perene Risk Indexthe market’s structural state76/100Today ▾ -2
Ânima · structuralthe market’s prevailing risk appetite61/100Today ▲ +6
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 agoMarch 31, 2025
    Ibovespa that day130,260 pts
    the archive suggested-1% in 6m hist. median
    what happened in 6 months146,337 pts (+12%)
    Reread the edition of March 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 57 times the archive saw the market in a state like today’s since 2000, the Ibovespa was higher six months later 67% of the time — median +7.8% — 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: 195,734 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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