Market thermometer
Risk Score
A daily 0-100 score for how much risk we see in the US market. Based on 7 quantitative signals (volatility, credit spreads, breadth, etc.) plus a narrative read of financial X/Twitter.
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Score coming up
The first risk score will be generated today.
What does this score mean?
0-30 (Low risk): The broader market is healthy. Risk-on environment.
30-50 (Normal): Standard volatility. No extreme signals.
50-70 (Elevated): Stress in parts of the market. Be careful with new positions.
70-100 (High risk): Multiple crash signals are flashing. Think defensively.
This score is not a forecast. A high score means historically there has been more risk in the market — not that a crash will happen tomorrow. Use it as one of several inputs to your own decisions.