Additionally, the spread between the S&P 500 dispersion index and the 3-month implied correlation index has been trending ...

High-Q microresonators, through the cavity enhancement of an input field, enable many important optical devices and functions 33. These applications include frequency comb generation, pulse sources, ...

Dispersion is a fundamental measure of risk and opportunity in the stock market; it measures how differently stocks are performing, or are expected to perform. The Dispersion Index was launched in ...

Recent swings in select European and U.S. stocks have not yet spread to the broader equity benchmarks, reinforcing demand for options strategies that profit from widening gaps between individual ...

Performance dispersion is the distribution of medium-term price trends in any chosen investment universe. For example, in 2022 the S&P 500 lost 19%. The bottom top 25% performers posted an average ...

When should a founder act on a strong belief about an opportunity, knowing that rivals assessing the same opportunity may hold very different views? This paper studies entry decisions when ...