volatility

Volatility seems to have more explanatory power than volume in explaining herding behavior.

After two years of destructive volatility the time has come for both sides to work together to build on this common interest.

In emerging markets especially, liquidity tends to be lower and volatility can soar in times of stress.

A popular measure of market turbulence, the CBOE volatility index . VIX, rocketed to its highest level in a year.

But the VIX index of American stockmarket volatility (a measure of the cost of buying options) was close to a ten-year low in late October.

Given the volatility, investors should be prepared to hang on for the long haul.

The statement said the recent 'excessive volatility' of the yen was a threat to the global economy.

He said that not knowing how much steel is being made can lead to volatility in the global market.

But the markets' remarkably relaxed reaction showed none of the knee-jerk volatility that might have been expected.

Likening strong fluctuations in global currencies to a rollercoaster ride, Mr Wen said China was not to blame for that volatility.

These type of social shifts make it harder to compare today's typical family income volatility with that of the 1970s.

Simultaneously, volatility has moved to the bottom end of the current range, but similar to stocks has not broken to the upside.

Members observed, however, that the volatility in the Aggregate Balance had not had a destabilizing effect on the money market.

M&A speculation has also been a factor behind the recent volatility in the company's shares.

But in 2011 an increasing number of companies, looking at the West's flat markets, will decide that volatility is at least a sign of life.

'The global economy is still recovering, sure, ' she said. 'But the recovery will be quite slow with some volatility. '

"The indicators are mixed, and volatility remains high -- correctly warning of the dangers of this market, " he said.

Inflation should also feed market volatility and a relatively steep yield curve, he said.

Given the recent volatility, focusing a bit of your tactics on safety also makes sense.

With Japan out for the National Foundation day holiday, markets saw elevated volatility as the US Dollar continued to forge higher.

Structural supply and demand imbalances and a misallocation of capital on a global scale mean high volatility in commodity markets, he said.

He said that it was his duty to "solidly anchor inflation expectations to avoid additional volatility" .

Volatility in the food markets has also trashed what might have been a great opportunity for global cooperation.

She also feels a responsibility towards her mother, to whom she was very close, despite the volatility of their relationship.

Volatility is one of the most important characteristics in financial markets, the study on which has been a hot research in financial field.

This shows up in the "implied volatility" of the option, which indicates how wild investors expect market swings to be.

He does see an opportunity, however, for governments to "lean into the wind a little more" to reduce the volatility of bubbles and crashes.

U. S. securities markets, nearly always behind the curve, have gone into a state of panicky volatility.

The landmark may have forced investors to ask whether it was sensible to charge so little for protection against stock market volatility.

"I still think we have not see the end of the volatility and perhaps even downward pressures, " he said. "So, you know, buckle up! "

'The more you allocate to emerging markets, the higher your expected return--and the higher the volatility of your portfolio, ' he said.

But Mr Humphreys said the growth of these economies would not mean the end of business cycles, or the end of commodity price volatility.

JEFF KOONS is one of the greatest sculptors of all time, say contemporary-art-market insiders, undeterred by the volatility of his prices.

This volatility is typical of a housing market dragging along the bottom and mirrors the testing economic conditions.

Li could have snatched the top spot if it wasn't for the volatility of share markets in the United States, where Baidu is listed.

To put this in technical terms, the implied volatility in the option price turns out to be higher than the realised volatility.

Indeed, the OECD found a "consistent tendency" for greater volumes of index-fund trading to sit alongside declining volatility.

Just as stock options suggest concern, similar worries can be gleaned by looking at volatility curves in the currency options market.

Investors just have to be comfortable with a greater emerging markets exposure, which of course could add some volatility to the fund.

"I think every time central banks get together and talk they realise that volatility is in no one's interest, " he said.

Individual investors, still fearful of stock market volatility, are reaching out for more yield in different ways as well.

Indeed, the dampening of market volatility was one objective for the establishment of the futures and other derivatives markets.

That's where the action is. These stocks' liquidity is very high, and their volatility tends to be good.

The results show that, the volatility of REER has no significant impact on either the aggregate export or exports by commodities.

When the difference is decreasing, the cost of capital is usually increasing and volatility should rise.

Prices do go up and down and some volatility is to be expected, and indeed is normal, particularly in our traditionally volatile markets.

The history of every change, it will lead to the river of time in a while, "Variation of volatility. "

Nor does the extreme volatility of recent weeks seem to be an issue.

But if all traders are trying to do the same, volatility will rise even further, well beyond the limits the models suggest.

Maybe you'll find that the volatility is too much for you and you'll move the money to savings.

The volatility is a very important variable in finance due to its application in investment portfolio, asset pricing and risk management.

Despite the many data releases this week, the overall tone is likely to be one of consolidation and reduced volatility in the days ahead.

Since the little "victorious general" risk appetite for investors with lower volatility should choose smaller, stronger defensive fund.

We're already into a new era, in which higher levels of volatility and unpredictability are the routine, rather than the exception.

In recent low-volatility years there have typically been one or two of these occasions annually, and the system has worked well.

In general, high returns do not attract as much money from investors as lower-volatility trading (which means less return).

An adviser to Agincourt said the recent volatility in the high-yield market played no role in the firm's decision to postpone the offering.

Being able to identify a period of low volatility can serve as an alert to monitor the price action of a security.

In the stockmarket, this measure is known as the Vix (short for volatility index) and is a widely watched indicator of confidence.

With volatility back, exchanges with the right derivatives mix look like they might have the perfect hedge.

The volatility of earnings, the history of failure and the strong government regulation all suggest that this is not the case.

News has also been unable to have an impact on the stock, price volatility is not the random walk model.

In her view, have firms benefited or suffered as a result of increasing volatility in international financial markets?

The markets continued to operate normally, despite the regional volatility and meltdowns.

Has it continued to exacerbate volatility or has the US exercised a stabilizing influence on international financial markets?

Mitch Rubin, chief investment officer of RiverPark Advisors in New York, said the day's earnings suggested volatility in the near term.

The bank said China needs to watch for volatility in asset prices and prevent price swings from affecting market confidence and the economy.

With shareholders expecting banks to reduce volatility of earnings, the approach is more likely to stand up to external scrutiny.

The fall of 1987 was no ordinary time, especially for a brand-new trader experiencing historic market volatility.

Groebli notes that investors who stick only to Chinese stocks listed in the U. S. are going to have to stomach some volatility.

Yet Dennis cockily said that he slept like a baby during all that volatility.

Over the next five years, governments and central banks will suck investors into subsidising economic growth through volatility.

The predictability of future results show a strong correlation with the volatility of each strategy.

Third, historically there has been a relationship between after-tax performance and market volatility.

All that volatility is presenting trading opportunities.

High volatility means that the value changes dramatically, which is usually due to the market volatility.

The company suffers from the volatility of sales at its own restaurants, but can rely on steady income from franchisees.

The real puzzle is not why volatility has suddenly increased, but why it had been so low in the past year or so.

The decision comes at a time when many other issues have been pulled in the face of market volatility.

Volatility of the major indexes has picked up over the last month, indicating that the rally may be coming to an end, in our view.

The state of Saxony said market volatility had shown that the bank was too small.

This week the CBOE Volatility Index, a gauge of investor concern, shot up to a level unseen since July.

If market players like volatility, they should be rooting for a victory by Ichiro Ozawa in the race to be Japan's Prime Minister.

I derive the optimal risk management rule in such a framework and show that it allows high volatility choices, while net worth is high.

The volatility transmission in different markets is called "volatility spillover effects" .

Volatility of financial data has always been one of the hot topics of Economics.

Before that happens the markets could experience "wicked volatility, " he said.

Economists said the recent volatility in financial markets was probably a factor.

There would certainly be much volatility associated with this, which might be magnified through derivative products.

The RBA said hedge funds returned the same as local shares over the past five years, or 12% a year after fees, albeit with lower volatility.

In theory, an influx of investors looking to hold stocks for the long run should drive up prices and smooth out volatility.

The global equity sell-off more than eradicated all this year's gains as investors fled risky assets and volatility surged.

Until the market decides if Obama is good or bad for stocks, and to what degree, volatility is apt to be the norm.

Companies overseas are beginning to adjust to the yuan's increased volatility, too.

That carbolic acid, although an energetic antiseptic, had little persistent effect due to its volatility and solubility in water.

Higher volatility has increased clients' trading frequency, and demonstrated the money-making opportunities for both traders and providers.

France says taming food price volatility is one of its major goals as current head of the Group of 20 leading and emerging economies.

One reason is that the commercial banks are trying to reduce the volatility of their earnings, not increase it.

But so much of the export tax rebates, besides letting market volatility of steel, the price has little influence.

He said, "If the recent volatility is very low, not $5 in gold, but $2. 50 in gold, then we're going to throw in a very large position. "

The G-7 finance leaders said the yen's recent 'excessive volatility' threatens the global economy and financial system.

Tenengauzer said trading volatility in the foreign exchange markets should continue for another two or three months.

Volatility describes the degree to which a value, such as a stock price or an interest rate, changes over a specified time period.

On the question of volatility, banks play a special role in economies.

Implied volatility is the volatility that yields the same price as the market for a European option when substituted into the BS formula.

This was the reason why we added Exchange Fund paper to the Monetary Base to provide a cushion against this volatility.

The measure incorporates the volatility of the firm and its correlation with the market, as well as its performance in extremes.

"There's no smoking gun that clearly points towards the kind of volatility and manipulation problems, " says Irwin.

Thus, isolation and loneliness, like a thief just like the volatility.

Sustainable values arise from within company cultures and focus on long-term priorities that do not waver during bursts of volatility.

Academic research showed that historically commodities had a low correlation with stocks as well as lower volatility, but similar returns.

These periods of high volatility have been increasing in frequency since the (start of the debt) crisis.

Klaus Regling, the EFSF's head, is wrong to say that market volatility has made it impossible to reach the leverage target.

One important measure, implied volatility premiums on call options, also known as the call skew, illustrates this.

Paulson said he expects continued market volatility but he is confident that stability will be restored.

The volatility also has made what would appear to be a straightforward bet against the dollar fraught with risk .

Better corporate risk management yields benefits overall to the extent that it reduces market volatility and lowers the cost of capital .

The interaction of these economic and technical changes has altered market valuations, volatility, velocity and liquidity.

But if historical precedent holds, September is likely to be characterized by more equity market volatility and arguably more losses.

'If the volatility isn't there, I can't get in and get out, ' Mr. Harlow said.

One of the first measures is the VIX, or volatility index, which measures the variability of the American stockmarket.

Suppose a double variable normal distribution between the volatility of asset value, the correlation of credit quality can be derived.

Still others look to pervasive poverty and high income inequality as the reason why food price volatility is of such concern.

Investors also expect a period of heightened volatility after the U. S. dollar broke out of its trading range since March in the past week.

The impact of extreme climate events has been one of the major drivers of food price volatility in the last few years.

Part of the delay reportedly is due to volatility in the public equities markets, particularly in Europe.

This role carries with it the possibility of greater market volatility and risks for financial market participants, including banks.

Volatility is still there and we're not out of the woods, but seems increasingly that we have hit bottom .

Going forward, higher economic volatility, combined with a secular downtrend in economic growth, will create more frequent recessions.

Yet investors who have been scarred by the volatility of the past two years may now care more about stable performance than big returns.

Another feature produced by the simulations was volatility clustering, where large changes tend to be followed by large changes.

Although the cause of last week's volatility is still unclear, it seems that algorithmic trading played a role.

Even if China does not begin to cash in its greenbacks, we can expect to see considerable market volatility on Monday.

an energetic antiseptic, had little persistent effect due to its volatility and solubility in water.

While equities are not pricing in a global depression, higher than average volatility makes it expensive to put on tail risk hedges.

After years of economic studies that showed the rule wasn't having an impact on market volatility, the SEC abolished it in 2007.

To grasp one reason why volatility has surged, you need to understand how the Vix is calculated.

Even with all its recent volatility, the Dow is still up 7% since the year began.

The company was fully hedged for oil-price volatility this year but next year it is expecting a 30% increase in its fuel bill.

On the whole, macroeconomic volatility may bring to the company's operation the risk of decline in market demand.

The United States has officially entered a recession, with massive job losses, continued home foreclosures, and extreme market volatility.

There is likely to be more volatility around the sovereign debt crisis until we get more capital committed to the solution.

For an iconic brand with affluent customers, volatility on this scale does not do nicely.

Indeed, volatility has a "curve" , rather like the bond market, which generally slopes upwards over time.

But a result of this decision is volatility in the value of the dollar in foreign exchange markets.

The Great Moderation, the substantial decline in macroeconomic volatility over the past twenty years, is a striking economic development.

Instead, most of the volatility was felt in equity markets. That, in turn, could cause estimate of losses from CDS models to be too low.

Volatility in Shanghai is at levels near that experienced in the aftermath of the Asian financial crisis a decade ago.

The Chicago Board Options Exchange Vix index, measuring volatility or "fear" in US stocks, is at a post-crisis low.

Some say that the rule's absence hurt investor psychology, even if it didn't cause market volatility.

The overallotment option is a tool used by underwriters to limit volatility in a stock's price for a month after it lists.

With the worst of the financial crisis receding, expectations are that markets will return to a more normal level of volatility.

US stock markets already have so- called circuit breakers , designed to create a time- out during periods of unusual volatility .

UniCredit points to its exposure to Russia, Turkey and Poland, which it says combine size with low banking-sector volatility.

Seeing into the future is difficult, but anticipating volatility is possible.

Efficient payment systems in a variety of currencies can help minimise financial market volatility created by international fund flows.

He said his firm's performance has seen more volatility than expected, according to the investor.

Such volatility is within the normal range, reckons Manuel Hernandez of the International Food Policy Research Institute, a think-tank.

But anyone in the (dairy chain) should be very aware of the short-term challenges that are related to volatility in the market.

Any sign of peripheral weakness is then accompanied by a sell-off in European stocks and a spike in FX volatility.

Kavanagh says the high volatility of the markets is largely due to institutions offloading assets to meet leverage requirements.

It will finance expenditures needed to maintain economic stability and sustain growth, address volatility, and protect the poor.

Traders snapped up safe-haven Treasurys, pushing yields ever lower. And a key measure of volatility and investor fears spiked.

Owing to the nature of high risk and volatility, international short-term capital's influences on financial system cannot be underestimated.

Speculators make money out of understanding and providing insurance against volatility.

By contrast, volatility does not necessarily hurt consumers, because different food staples are often substitutable.

Considering the robustness of the underlying global economic trends, the extent of the volatility seen is a little surprising.

Bottom line: Reren has become a fast darling of short-term investors, meaning high volatility is in store for its shares in the next year.

In the context of a durable relationship they should not cause excessive political volatility.

Weighted realized volatility is a more efficient volatility measurement, which makes realized volatility become its special case.

Brokerage CLSA describes the measures as 'over the top' and expects them to reduce liquidity and increase volatility in the property market.

Uncertainties over the magnitude of interest rate rises will contribute to increased volatility in bond and equity markets.

They do not create the volatility themselves, except under very strange conditions.

The equation assumes that the asset's volatility remains the same for the lifetime of the option, which need not be correct.

After all, my definition of cheap also includes a read on the volatility of the stock market as a whole.

Opponents of the so-called Tobin tax fret that it will lead to greater market volatility and drive securities trading out of Europe.

Volatility had been falling for years, while confidence in credit markets was obvious from remarkably tight spreads.

One of the most difficult things for inexperienced investors is to stick with their asset allocation during times of volatility.

The existence of microstructure noise in high-frequency financial data affects the accuracy of financial volatility estimator seriously.

"Uncertainty and volatility, particularly in currencies, tend to be healthy for macro funds, " Johnston said.

The low volatility observed in the markets for currencies, bonds and shares suggests that hedge funds have helped to stabilise the system.

If investors cannot tolerate this volatility, then maybe they would be better not to own equities.

Bears can point to low share volatility, as measured by the Chicago Board Options Exchange's VIX gauge, as a sign of investor complacency .

A Trader's Thoughts On Recent Market Volatility The stock market has dropped swiftly and viciously over the past few days.

This policy, known as "equity oil" , hoped to guard against price volatility and interruptions in supply.

The volatility of individual stocks can be the result of new information, such as a profit warning.

In turn, volatility tends to fall when the stockmarket is rising.

Over the years, analysts often blamed the great volatility of China's stock market in part on the absence of stock-index futures.

If you want to achieve standardized, predictable processes, concentrate on assessing and managing the volatility of those processes.

Indeed, Wall Street's fear gauge, the CBOE Volatility index, or VIX . VIX, on Friday fell to its lowest level since April.

Meteorologists say that the problem is not just the amount of rain but the climate's increasing volatility.

The Contingent-Markets Department should be in charge of all sources of capital inflows volatility that are potentially contractible.

Many are down by 50 per cent, and that's not acceptable for products that are supposed to have low volatility and perform like bonds.

There are technical reasons for that, things to do with market volatility and the way options are usually priced.

Extraordinary stock market volatility, both up and down, has continued since.

These three currencies are among the major currency pairs, which mean they have great liquidity and volatility for active trading.

After testing, thermal aging volatility plastic viscosity, slows the permeability of the book, affecting the bond strength.

However, we continue to expect some more volatility within the global markets, which will provide some attractive buying opportunities.

Both contributed to the volatility of a session in which the Dow suffered its biggest loss in almost four years.

Whether or not you are affected by this profit decline in volatility, quality improvement has become the entire paper industry trends.

As I noted in a recent column, recent swings in the Vix (volatility index) may reflect a recent boom in volatility-linked notes.

In spite of this year's volatility in the oil price, the underlying trend for a decade has been for it to rise steadily.

Faber said markets will see further volatility and the risks are high for a "U-shape" recession in which the recovery is slow and arduous.

Nonetheless, the extreme volatility of prices over the past year must have made big oil firms more cautious about future investments.

Savers need to have more than "the long run" to protect them from the volatility of stock markets.

South Korea's relatively open financial system made it vulnerable to the volatility in world markets, a vulnerability that continues.

The key question, he said, is whether Beijing is willing to live with the exchange rate volatility that an open capital account generates.

Nonetheless, the extreme volatility of prices over the past year must have made big firms more cautious about future investments.

During the Russian transition period, a close relationship exists between macroeconomic volatility and exchange rate system.

Risk is assessed in terms of price volatility, most commonly measured as standard deviation.

With hedge fund dislocation likely to continue for days, similarly strange moves, and volatility, could be the norm.

While most of the Asian currencies are, at present, de facto soft-pegged to the USD, there is still some volatility in their parities.

But with so much volatility , experts say the final curtain is unlikely to drop on the global credit crunch any time soon .

Managing the volatility of flows once investors move beyond the initial lock-up period will present its own challenges.

As the risk of Chinese futures market is on the rise, the study of the futures volatility forecast is of theoretical and practical value.

Volatility could spike as the U. S. and U. K. authorities wind down their bond purchases.

The report notes speculation in the futures market of primary agricultural commodities is behind much of the volatility in food prices.

Elsewhere, moves in Chinese stocks, a cause of recent volatility in global markets, would also be closely scrutinized.

This measure was not around during previous great bear markets but the spike in volatility in recent years took it to all-time highs.

Volatility has been one of the most active areas of research in empirical finance and time series econometrics during the past decade.

Globalization is also the main reason for the increase in market volatility around the world.

Uncertainty (as measured by a wide consensus) generally brings more volatility before and after an economic release.

Empirically, the model explains a large share of the long-run variation in volatility.

The recovery in the U. S. and Europe continues to deteriorate, triggering moments of market volatility.

But everything changed during the crisis. Suddenly, balance sheets contracted, volatility hit the roof and fear swept across trading floors.

CAN it only be a year ago that volatility was so low in the financial markets?

"What is more important is there has to be stability in prices. Volatility of the kind witnessed this year has been very bad. "

Nonetheless, investing in Chinese companies can be rewarding but is full of volatility and risks for Western investors.

For those able to handle extreme volatility and possible losses, he recommends Direxion Daily China 3X Bear Shares.

He guides traders through the basics of option pricing, volatility measurement, hedging, money management, and trade evaluation.

Such globalization has large benefits, but it also introduces risks associated with financial integration and capital flow volatility.

Psychological biases, he asserts, are probably the drivers behind most sources of edge available to a volatility trader.

We anticipate volatility and sharp fluctuations over the coming months as sentiment moves with the latest economic data.

In conclusion, the function on share market volatility influenced by institutional investors should be enforced seriously.

Price stability has not come at the cost of higher real volatility, or lower growth.

The effect therefore is to increase the volatility of banks loan portfolios while driving down the return from mortgage business .

It's especially attractive now since volatility remains high, which means investors can sell calls for a rich premium.

As the Western countries have relaxed controls on financial markets, exchange rates, interest rates and stock price volatility.

Upcoming data could cause some intraday volatility but is not expected to upset the overall trend for the dollar in the near term.

The turnaround reflects Americans' deep concerns over the weak job market, declining home values and volatility in the stock market.

We discuss the informational efficiency of the bond and stock markets and examine the sources of interest rate volatility.

I anticipate dislocation, volatility and uncertainty accompanying the emergence of the new information economy.

Volatility is a very important discussion to have with clients before they invest.

The authors say one of the more troubling findings of their report is the high level of aid volatility to the fragile states.

Volatility analysis measures the rate of random change in market prices.

Objective: Study volatility chemical compound hereditary poison in the air during decorating rooms .

Funds managed with an eye to reducing volatility won't deliver top-of-the-charts performance when the market is surging.

Thanks to the country's long experience of volatility and inflation, most investors do not agree to long lockup periods for their money.

The current volatility means the continuation of a long-running roller-coaster ride for Europe stock-fund shareholders.

But "risk" is estimated with an emphasis on past price volatility and questionable and arbitrary "ratings" .