Summary
Cboe 9-Month Implied Correlation Index is a stock index: one number that says how a chosen group of companies is doing together. An index cannot be bought itself; you buy a fund that tracks it.
What speaks for it
Nothing stands out in its favour.
What to watch
- In the last five years it once dropped by 79% from its high.
An index has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company.
Price
Performance
- 1 month
- +32%
- 3 months
- +33%
- This year
- -2.1%
- 1 year
- -3.9%
- 3 years
- -46%
Where is it within the last year?
Mid-range- Against the 50-day average
- +19%
- Against the 200-day average
- +6.2%
It is 45% below its highest and 55% above its lowest of the last year. The long-term trend points up: it is above its 200-day average.
How has it done?
Losing value- A year on average, 3 years
- -19%
- Deepest drop
- -79%
- Yearly volatility
- 73%
Average yearly decline over the last three years: 19%. Deepest drop in these years: 79% below the earlier high.