MarketWatch: "By this measure, the Dow is at its most volatile since 9/11"

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MarketWatch: "By this measure, the Dow is at its most volatile since 9/11"

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!