The Bellipo Demand Index

A standard forIPO demand.

BDI 0–100

Every market eventually gets one measure for the thing everyone was guessing at. Fear got the VIX. Credit got the FICO score. Default risk got bond ratings. IPO demand gets the BDI.

01 The Lineage

Every uncertainty that mattered eventually got one number. IPO demand was the last one left guessing.

What was unknown The standard For Fear VIX Traders Credit FICO Lenders Default risk Bond ratings Bondholders IPO demand BDI You
02 What It Is

One number. Live the moment a deal is ready. Frozen the instant it prices.

Live

From READY

Scored the moment a deal reaches READY, then updated as demand builds.

Frozen

At pricing

Re-scored on the final print, then locked. Never revised with hindsight.

Source

Official only

Underwriter quality, pricing-window movement, filing & attention activity.

03 The Scale

Four tiers, thin to elevated. The higher the ring runs, the harder demand is pressing.

BDI 0–100 75–100 ELEVATED High demand pressure building into the deal. 50–74 ACTIVE Standard, healthy interest. A 72 sits here. 25–49 SUBDUED Quiet or niche attention. 0–24 THIN Minimal observable signal.
04 We Gauge — We Don't Predict

The BDI gauges observable demand. It doesn't tell you to buy or sell; it tells you what the room is doing. We measure. We do not bet.

What it reads

— Underwriter quality — Pricing-window movement — Filing & attention activity — Frozen at pricing

What it is not

✕ A price prediction ✕ A buy or sell recommendation ✕ Investment advice ✕ A performance guarantee

A high reading does not guarantee a strong open, and a low reading does not guarantee a weak one. Demand level does not predict post-IPO performance. Bellipo is not a broker-dealer or investment adviser.

05 How The Read Was Built

One frozen read, opened up — BRVE · Braveheart Bio, Inc. Four factors, each carrying a fixed weight, each read from something already on the record.

81 out of 100 ELEVATED 0 100 Frozen at pricing Pricing signal Weight 30 95

Read from the pricing filing.

Underwriter quality Weight 25 90

Read from the syndicate.

Sector momentum Weight 25 72

Read from the sector's market performance.

Market regime Weight 20 58

Read from broad market conditions on the day the score was frozen. It describes the tape the deal priced into, not the deal itself, so it often sits apart from the other three.

Methodology v1.3 · Confidence HIGH

The weights are fixed before the read is taken, and the read is frozen where it lands. What you see here is the composition of that number as it stood at the freeze — the classes of evidence it was drawn from, and how much each one counted. It describes conditions observed at that moment, and nothing beyond it.

Bellipo Demand Index · U.S. Provisional Patent Application No. 63/968,547 · Bellipo™

The number is only useful when it's live. See the BDI on real deals — before they price.

See the BDI on live deals