As geopolitical risk spikes, a major index gets a revamp

Geovol risk gauge built by Nobel laureate Robert Engle to become Global Covol

Robert Engle
Robert Engle

From Kyiv to Kansas, geopolitical risk is spooking global markets – but Robert Engle is sanguine. The NYU Stern Volatility and Risk Institute, which the Nobel Prize-winning economist co-directs, is renaming its index for geopolitical risk, Geovol, which measures the volatilities of assets when exposed to an exogenous global shock. Henceforth, the index will become Global Covol (Common Volatility).

Geovol is intended to model geopolitical risk, defined as a common shock to the volatility of a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Sign up here

 

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: