KEPE GRIV “Fear” Index eased to 28.48% in December from 31.52% in the previous month, evidence of a decrease in uncertainty for the expected short-term course of the Greek market.
More specifically, the Centre of Planning and Economic Research (KEPE) said in a monthly report that the “Fear” index reflects the uncertainty of the derivatives market participants regarding the expected short-term course of the Greek market, and is calculated based on the FTSE/ASE Large Cap Index options prices.
The index remained below its historical average level (since January 2004) for the Greek market, which stands at 32.58%. Moreover, the average daily value of the index decreased, reaching 29.77% in December 2022, from 33.07% in November 2022.
SOURCE; ANA-MPA