Ontix

The Ontix™ The Ontix™ is an index which measures the volatility of a security, a portfolio or a market. A turbulent economy calls for new means of measuring ratings and volatility. New techniques are necessary if we are to understand the dynamics of uncertain and interconnected markets.

A Different Look
The computation of the Ontix™ Index is based on recent advances in science and mathematics. In fact, a new measure of complexity is used to combine the hidden structure of stock market data and its uncertainty, providing a comprehensive index, beyond pre-crisis technology.

At Volatility
The Ontix™ Index is based on a daily values of: Open, High, Low, Close, Volume and Adjusted Close. The Ontix™ may be obtained for a security, a market or a system of markets. In this case it becomes a Meta-Index since it is based on the values of various indices.

Type Ticker Symbol

Ontix index EU

Ontix Meta-Index for major EU markets

(each tick corresponds to 30 minutes)

Ontix index U.S.

Ontix Meta-Index for major USA markets

(each tick corresponds to 30 minutes)

Ontix index ASIA

Ontix Meta-Index for major ASIAN markets

(each tick corresponds to 30 minutes)

Ontix index WORLD

Ontix Meta-Index for WORLD markets

(each tick corresponds to 30 minutes)

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The Ontix™ Volatility Index provides a new means of measuring the volatility of a single security, a portfolio, a market or a system of markets.

The Ontix™ Index takes on values from 0 to 100%:

100% implies extreme volatility and chaos

0% points to stable conditions

Volatility is computed based on how close the complexity of a security is to its critical complexity. Read more here. For a more detailed description read ebook.

The uniqueness of the Ontix™ lies in the fact that it takes into account, for the first time, the fundamental characteristic of our global econmy - its complexity. Conventional approaches adopt statistical techniques (such as regression) to compute the so-called beta coefficient, which is a measure of systemic risk of a portfolio or a security in comparison to the market as a whole. The Ontix™, on the other hand, provides information on how chaotic or predictable the evolution of a security or a portfolio is. Such information is crucial when it comes to designing and managing portfolios in highly turbulent regimes, dominated by shocks and extreme events.

When applied to a single security, the computation is based on daily values of the following information: Open, High, Low, Close, Volume, Adjusted Close.Only daily values of the index are available.

When applied to a portfolio of N securities, the computation may be based on the instantaneous values of each of the N securities and over a particular time horizon.

When applied to a system of markets, the computation is based on on the instantaneous values of each of the markets in question. For example, the Ontix™ Meta-Index of the EU markets is computed based on the instantaneous values of the following indices: ATX, BEL 20, OMXC20C, CAC 40, DAX, AEX Gen, OSE, FTSEMIB, Madrid Gen, Stockholm 30, SMI, FTSE.

In the Home page of the portal you may find four real-time Ontix™ Meta-Indices of the EU, USA and Asia-Pacific markets as well as a plot in which all of the mentioned markets are combined. In this case we are talking of a combined Global Volatility Index.

The US Ontix™ Meta-Index is computed based on the DJIA, NYSE, S&P and NASDAQ as well as other markets.

The Asia-Pacific Ontix™ Meta-Index is computed based on the following markets: All Ordinaries, Shanghai Composite, Hang Seng, BSE 30, Jakarta Composite, KLSE Composite, Nikkei 225, NZSE 50, STRAITS TIMES, KOSPI, Taiwan Weighted.

The Global Volatility Index - which measures how volatile the combined stock markets are - provides a holistic view of the World's main stock markets seen as an interacting system. An example of how this dynamic interaction looks is depicted below in the so-called Complexity Map. See an interactive map of the DJIA here.

The map changes in time and the above example represents the situation on a particular trading day.

Complexity Maps may be navigated interactively.

For more information read here.