Volatility at World's End: Two Decades of Movement in Markets

To download the corresponding article to this video please visit http://www.ArtemisCM.com/category/res...

The video was first shown in conjunction with Christopher Cole's speech at the 2012 Global Derivatives and Risk Management Conference in Barcelona, Spain.

"Nobody will deny there is roughness everywhere...." Benoit Mandelbrot

The movement of stock prices has been an obsession for generations of speculators and traders. On a higher level mathematicians believe that modern markets are an extension of the same fractal beauty found in nature. Visualized these stock markets may take the shape of a turbulent ocean with waves made of human hopes, dreams, greed, and fear.

Merging the world of high-finance and high-art Artemis Capital Management LLC is proud to present a creative visualization of stock market volatility over the last two decades.

"Volatility at World's End" Two Decades of Movement in Markets
is a depiction of real stock market volatility using trading data from 1990 to 2011. The visuals are designed from S&P 500 index option data replicating the implied volatility wave (or variance swap curve) extending to an expiration of one year. The front of the volatility wave contains the same data used to calculate the CBOE VIX index. The movement of this wave demonstrates changing trader expectations of the future stock market volatility. As the wave moves through time the expected (or implied) volatility surface transforms into a realized volatility surface derived from historical S&P 500 index movement. The transition represents what professional traders call "volatility arbitrage". The color variation in the volatility waves show the volatility -of-volatility or internal movement of the wave. The track underneath the volatility wave represents underlying S&P 500 index prices.

Concept and Creative Direction by Christopher Cole, CFA
Visual Animation and Programming
by Jayson Haebich www.BrokenPixelProductions.com
Title Design by Nataliya Vakulenko

Artemis Capital Management LLC, All Rights Reserved 2012
http://www.ArtemisCM.com

• Category

  News & Politics

[Admiral Nelson]

This is a pure genius piece of artwork......

[Belimamusic]

bankers like nice music too?:)

[Darius Rihn]

Great artwork!

The song is from Monsieur Adi and is called "Blood" :)

[LondonCrusader]

Its 2013

Need update! :)

[John Carpenter]

VolVol

[kerumble]

great idea, and could have been awesome, but i found the constant changes of viewpoint detracted from the experience.

[Ariel Melton]

ab.so.lute.ly amazing! well done!

[G simmons]

this never gets old! great research made idiot proof !!!! any dumfuk can look at this and understand! -G

[robert dennis milner ll]

Awesome cutting edge of the future of 21st century marketing...not one of collective emotion, but displays subliminal consciousness based for individual analysis in conjunction with visuals projections...