Excerpt from MarketWatch’s latest article quoting DataTrek:
…. “According to DataTrek Research, the Dow’s standard deviation of daily returns — a measure of the scale of daily percentage moves, in either direction — over the past 90 days is 0.94%, and it recently climbed as high as 1.27%. For the S&P, on the other hand, the standard deviation for the index is at 0.88%, down from a recent high of 1.16%.
This makes for a range of 6 to 11 basis points, and “the last time the Dow showed this much incremental volatility over the S&P 500 was in the aftermath of the 9/11/2001 terrorist attacks,” wrote Nicholas Colas, the firm’s co-founder”….
Read the whole article here on MarketWatch!