As we’ve been stating the past couple of months, the markets are on the move, and our monthly peek at the Risk On/Off stats provide a little bit of proof of that. We’re far off from the big moves of a year ago, but we’re definitely moving into more of a risk on/off environment than we were in at the turn of the year. It is worth mentioning that June 20th saw an average move of -3.05% across the ‘Risk Off’ markets we track, the biggest move up or down of the year.
(Disclaimer: Past performance is not necessarily indicative to future results)
The 6-month moving average is hovering in the 5-7% range, below the 2002-2008 range (10% to 20%) and significantly below the typical levels from the last couple of years (20% to 35%) We define risk on as an average gain of over 1% for “risk” assets; risk off is an average loss of over -1% for “risk” assets. (Click here for a more detailed breakdown.)
The performance data displayed herein is compiled from various sources, including BarclayHedge, and reports directly from the advisors. These performance figures should not be relied on independent of the individual advisor's disclosure document, which has important information regarding the method of calculation used, whether or not the performance includes proprietary results, and other important footnotes on the advisor's track record.
Benchmark index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship, self reporting, and instant history.
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