S&P 500 and Cross-Asset Volatility Stress Rising cross-asset volatility often signals growing fragility in U.S. equities. It is a cautionary signal, not a call on an imminent crash. It’s more of a yellow flag than a red one. Image: Bloomberg
S&P 500 Annualized 1-Month Volatility In this post-election year, the current period indicates increased volatility ahead for U.S. stocks, reinforcing the need for cautious risk management during this sensitive stage of the cycle. Image: Nautilus Research
SPDR S&P 500 ETF Trust Three-Month 90/110 Implied Volatility Signs of stability are emerging in the S&P 500 Index after the sharp correction, as traders abandon bets on further significant declines, reflecting growing confidence in the market. Image: Bloomberg
VIX Index and S&P 500 Realized Volatility The spread between the VIX and the S&P 10-day realized volatility, when in the 98th percentile, may signal a potential opportunity for U.S. stocks to rally towards the end of the year. Image: BofA Global Research
S&P 500 Realized Volatility During Recession During recessions, there is often increased uncertainty and risk aversion among investors, which can lead to higher levels of volatility in the U.S. stock market. Image: BofA Global Research
S&P 500 Realized Volatility Around Previous Recession Start U.S. equity volatility looks attractive. Image: J.P. Morgan
Volatility – S&P 500 vs. 12-Month Count of Daily Changes of -1% or Lower Is this the end of the bear market, as volatility has peaked? Image: Topdown Charts
Volatility – Number of Months with S&P 500 Up or Down at Least 7.5% Will S&P 500 volatility subside in 2023? Image: Goldman Sachs Global Investment Research
Average S&P 500 Realized Volatility for Midterm and Non-Election Years Historically, S&P 500 volatility tends to moderate after October. Image: J.P. Morgan
S&P 500 Average Stock Realized Volatility by Month October has traditionally been the most volatile month for U.S. stocks. Image: Goldman Sachs Global Investment Research
Volatility – S&P 500 Spot Price and VIX Index The VIX remains below early 2022 peaks, despite the sell-off. Image: Goldman Sachs Global Investment Research