By Matthew Kerkhoff
Volatility can provide a lot of insight into current market conditions, but there is more to volatility than just looking at the Volatility Index (VIX). Another measure, called SKEW, can help us understand the possibility of an upcoming market crash, or black swan event.
In the financial markets, the most common way to measure risk is to look at volatility. And in general, we measure volatility in terms of standard deviations.