Market Regime
NOW's current market snapshot shows last close 91.18, 1 month return 1.53%, 90 day volatility 60.39%, and drawdown from ATH -61.05%.
The regime framing is a mixed one-month return regime with a high volatility regime, rendered from the same fact-card values shown above.
Historical Pattern
In historical strategy simulations, assets experiencing high volatility often encounter specific performance boundaries. When examining mean reversion strategies during transitions from a high volatility environment to a crisis, historical models show that parameter adjustments were required to prevent excessive drawdown. In 332 historical cases analyzing high volatility to high volatility transitions, the strategy remained in the high volatility regime, with a mean counterfactual distance of 1.15 indicating the average magnitude of parameter change needed to alter the outcome. Similarly, transitions from high volatility to crisis environments demonstrated a mean counterfactual distance of 1.0377 across 332 historical events.
Workflow Pointer
Users can navigate from the ServiceNow Inc. ticker page to the strategy and correlation pages to examine how specific configurations behave under persistent stress. This workflow allows users to review detailed performance reports and understand a strategy's sensitivity to parameter changes within high realized volatility regimes.