Alpha Exchange cover image

Assessing Recent Dynamics in the World of Vol

Alpha Exchange

CHAPTER

The Importance of Diversification in the Stock Market

As Q2 ended through a month, realized correlation among S&P 500 constituents had dipped below 20. That's in the third percentile of observations over the last three years. In 2022, tech was down 28%, but healthcare was down just 4%. The zigging and zagging of the two largest sectors puts downward pressure on the overall level of realized vol.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner