A recent pregame conversation on the Dodgers bench turned to the subject of the volatility of bullpens, how relievers who are dominant one season often are hittable the next.
The monthly report, they noted, is subject to volatility, is frequently revised up or down in subsequent months, and has a margin of error of 100,000 jobs.
It all illustrates the textbook theorem that efficient markets are less subject to volatility.
Also, cryptocurrencies are subject to wild swings of volatility, so large purchases or sales of Bitcoin can move prices 30% or more in a single day.
When the share price is no longer rising, and may indeed be falling or at least subject to a great deal of volatility, there are temptations that are present, the University of Marylands Morici said.
"To exploit momentum, you need investors who understand the portfolio is going to be subject to a very high level of volatility," says Mr Marsh of the LBS.Momentum is so significant in stockmarkets that academics are starting to analyse what role it plays in professional fund managers' returns.
Morningstar analyst Scott Cooley says even investors with an appetite for risk might not be ready for the kind of volatility this fund could subject them to.
"One way to look behind the scenes is to see what kind of volatility their dollar is subjected to".
The rationale of Fairtrade is that producers of commodities subject to price volatility should be protected through payment of a minimum price to cover living and production costs, a price which adjusts whenever the market shifts above the minimum threshold.
However, they also aren't subject to the volatility and unpredictability of public markets, where stock prices can fluctuate for any number of reasons.
