← All instruments — the full set 1990
high 67.61 · low 9.22 · now 21.51 · 4 recessions shaded 2026
F2 · REPRICING UNCERTAINTY
CBOE Volatility Index (VIX)
21.51
CALM ROBUST z 0.27 DRS 95 daily as of 2026-06-05
Where it sits: higher than ~70% of its full record.
The full history
How it is read
- What it measures
- repricing uncertainty
- Where it sits
- higher than ~70% of its full record — at the 70th percentile of its full record.
- z vs. its window
- 0.27 (strain side: up). 9,202 observations in the window.
- State rule
- z < 1 CALM · 1 ≤ z < 2 WATCH · z ≥ 2 EXTREME, measured only toward the declared strain side.
- Confidence
- ROBUST — a primary official series, mechanically reported.
- Reliability (DRS)
- DRS 95
Where it comes from
FRED ↗ Every number on this site is reproducible from this primary source.
What it read at past stress points
| Lehman, Sep 2008 | 31.70 | ◆ WATCH |
|---|---|---|
| Q4-2018 selloff | 36.07 | ▲ EXTREME |
| Curve inversion, Aug 2019 | 19.35 | · CALM |
| COVID crash, Mar 2020 | 61.59 | ▲ EXTREME |
Questions it helps answer
- The Ledge — How high is the market — and what is under it?