Historical analog (IBOV +6m)

Current reading: -1.2%

Classification: 48% up (n=25)

resembles 2021-08, 2015-02, 2023-07; median -1.2% with 48% up over 6m

Historical analog: months whose regime most resembles today's and what the IBOV did in the following ~6 months (empirical distribution, not a forecast).

Last updated: 2026-07-31