Not investment advice. Risk information — not a recommendation and not a price forecast.
This week’s risk reading
Gauge percentile · before → after
Describes uncertainty over the horizon, not the direction of the price.
Gauge percentile: where today’s uncertainty falls within the asset’s own history. A higher tier means the probable range is wider than usual for this asset — not where the price is headed.Insufficient data
We do not yet publish the p10–p90 uncertainty band and its fan chart for this piece. We show a reading only once the data supports it — never a fabricated figure.
How the range moved, up to this article
This is the real range we published on each past date, up to the day this article went out — not the fan above and not a forecast. Where a month had no published window it is simply left out; the strip is never filled in between.
Gauge percentile over the trailing months
The gauge-percentile series. The final mark is this month’s 33.3. It traces uncertainty, not price.
Did our previous band contain the price?
An after-the-fact calibration check. We look back to verify our bands do what they claim. It is not a price or direction hit — it is verifiable honesty.
The realized point falls inside the range of the band we drew. The range contained the value — it is not a price or direction hit, and the line is flat on purpose. It is a diagram of that containment, not a chart of prices over time: it has no price axis, no date axis, and the band does not widen, because we do not measure how the range grows with the horizon.
Of the last 42 p10–p90 bands for this asset, the realized price fell inside the range 100% of the time. A band well calibrated to 80% contains about 8 in 10 ranges; no more, no less.
Insufficient data
We do not yet publish the ensemble’s model-by-model agreement for this piece. We show a reading only once the data supports it — never a fabricated figure.
JPM Risk Gauge Tier Cross
The MarketChronos Market Risk Gauge shows a tier cross for JPM from red to green.
The MarketChronos Market Risk Gauge has recorded a tier cross for JPM. The risk level is green. Prior to this event, the percentile was 78.6 and the tier was red. Following the event, the percentile is 33.3 and the tier is green.
p10–p90 band: the uncertainty range over the horizon. Historically, nine times out of ten the price moved inside this fan. It is a range, not a prediction and not a target.What this does NOT mean
- It is not a signal to trade: it says nothing about entering or leaving the asset.
- It does not say where the price is headed: the band is risk, not direction.
- It does not attribute the move to any external cause the engine has not measured.
- An elevated tier describes high uncertainty, not a certainty about the future.
How this is calculated
MarketChronos Market Risk Gauge How we measure risk