{
 "name": "Antevo Tremor Index",
 "week": "2026-11-13",
 "version": "tremor-v5",
 "scope": "markets7",
 "url": "https://antevo.ch/tremor-watch/2026-11-13/",
 "json": "https://antevo.ch/tremor-watch/2026-11-13.json",
 "citation": "Antevo Tremor Index, week of 2026-11-13, https://antevo.ch/tremor-watch/2026-11-13/",
 "first_published": {
  "date": "2026-11-14",
  "level": 0.1349489837884903,
  "status": "High",
  "pct_since_2001": 0.9133333563804626,
  "x_normal_friday": 4.03,
  "pairs_breaking": 87,
  "pairs": 669,
  "provisional": true
 },
 "revisions": [],
 "rank_since_2001": {
  "rank": 118,
  "of": 1350
 },
 "normal_friday_level": 0.03345805034041405,
 "bands": {
  "elevated": {
   "from_percentile": 0.75,
   "x_normal_friday": 2.14
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  "high": {
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  "severe": {
   "from_percentile": 0.97,
   "x_normal_friday": 6.98
  }
 },
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  {
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  {
   "anchor": "World (ACWI)",
   "asset": "EM corporate credit",
   "family": "Credit",
   "kind": "asset",
   "correlation": 0.534,
   "z": -0.2025,
   "z_fisher": -0.2025
  },
  {
   "anchor": "World (ACWI)",
   "asset": "Euro HY credit",
   "family": "Credit",
   "kind": "asset",
   "correlation": 0.3001,
   "z": -1.1603,
   "z_fisher": -1.1603
  },
  {
   "anchor": "World (ACWI)",
   "asset": "Euro vs USD",
   "family": "FX and crypto",
   "kind": "asset",
   "correlation": 0.0689,
   "z": -1.1506,
   "z_fisher": -1.1506
  },
  {
   "anchor": "World (ACWI)",
   "asset": "Gold",
   "family": "Commodities",
   "kind": "asset",
   "correlation": 0.0016,
   "z": -0.8619,
   "z_fisher": -0.8619
  },
  {
   "anchor": "World (ACWI)",
   "asset": "Intl bonds (BNDX)",
   "family": "Bonds",
   "kind": "asset",
   "correlation": -0.0989,
   "z": -0.9471,
   "z_fisher": -0.9471
  },
  {
   "anchor": "World (ACWI)",
   "asset": "MOVE (bond vol)",
   "family": "Volatility",
   "kind": "asset",
   "correlation": -0.186,
   "z": -2.6617,
   "z_fisher": 2.6617
  },
  {
   "anchor": "World (ACWI)",
   "asset": "Natural gas",
   "family": "Commodities",
   "kind": "asset",
   "correlation": 0.1196,
   "z": -1.0308,
   "z_fisher": 1.0308
  },
  {
   "anchor": "World (ACWI)",
   "asset": "Silver",
   "family": "Commodities",
   "kind": "asset",
   "correlation": 0.2042,
   "z": -1.3994,
   "z_fisher": -1.3994
  },
  {
   "anchor": "World (ACWI)",
   "asset": "Swiss franc vs USD",
   "family": "FX and crypto",
   "kind": "asset",
   "correlation": -0.2444,
   "z": -1.8916,
   "z_fisher": -1.8916
  },
  {
   "anchor": "World (ACWI)",
   "asset": "TIPS (TIP)",
   "family": "Bonds",
   "kind": "asset",
   "correlation": -0.2445,
   "z": -1.4213,
   "z_fisher": -1.4213
  },
  {
   "anchor": "World (ACWI)",
   "asset": "US 10y Treasury",
   "family": "Bonds",
   "kind": "asset",
   "correlation": -0.2074,
   "z": -0.804,
   "z_fisher": -0.804
  },
  {
   "anchor": "World (ACWI)",
   "asset": "US dollar (DXY)",
   "family": "FX and crypto",
   "kind": "asset",
   "correlation": -0.0383,
   "z": -1.2448,
   "z_fisher": 1.2448
  },
  {
   "anchor": "World (ACWI)",
   "asset": "US HY credit",
   "family": "Credit",
   "kind": "asset",
   "correlation": 0.5477,
   "z": -1.1796,
   "z_fisher": -1.1796
  },
  {
   "anchor": "World (ACWI)",
   "asset": "US IG credit",
   "family": "Credit",
   "kind": "asset",
   "correlation": 0.3725,
   "z": -1.346,
   "z_fisher": -1.346
  },
  {
   "anchor": "World (ACWI)",
   "asset": "VIX (equity vol)",
   "family": "Volatility",
   "kind": "asset",
   "correlation": -0.8497,
   "z": -0.152,
   "z_fisher": 0.152
  }
 ],
 "method": "Share of market pairs whose correlation of weekly returns, weighted to the last few months (half-life nine weeks), is two standard deviations away from its own previous two years (Fisher z, spread floored at sampling noise), averaged over seven families. Bands are the 75th, 90th and 97th percentiles since 2001; a normal Friday is the median week since 2001. Descriptive, not a forecast.",
 "note": "Derived statistics only, no prices. Kept as first published; later revisions are listed, not written over.",
 "source": "https://api.antevo.ch/v1/public/tremor"
}