Both lenses score −3 to +3, in different senses: on Market Lens, +3 is strongly supportive conditions; on Valuation Lens, +3 is very cheap against modeled fair value.
Market Lens
- Trend
- Uptrend
- Volatility
- Elevated
- Vs trend
- Near trend
Brazil Index is in a uptrend with elevated volatility and is near trend relative to trend. Uptrend with mixed risk. The strongest directly mapped News & Events force is EM funds attract inflows.
Full evidence →Valuation Lens
- Median fair value
- 116.7market = 100
- 1y modeled return
- +10.5%
Brazil Index inherits the asset-class valuation as a proxy only; no security-specific fair-value model was independently estimated.
Full distribution →Risk profile
- Annualised volatility
- 27.4%
- Max drawdown
- -32.2%
- 5y return (CAGR)
- 9.2%
Realized statistics from five years of monthly total returns. Historical risk is context, not a forecast.
Reading the two together
Conditions and valuation agreeMomentum is supportive and the model still sees value below the market price. The two lenses reinforce each other here, which is the least common and most straightforward combination.
Supporting and opposing conditions
Supportive
- Medium-term trend remains positive.
- Price remains above the 200-day average.
Opposing
- Elevated volatility raises short-term risk.