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In Figure 5 https://www.canadiensstore.com we show that the correlations between (i) financial indices and complete entity occurrences and (ii) monetary indices and the NCI calculated using all paperwork are very low round R < zero.15.="" then="" againhttps://www.canadiensstore.com="" the="" nci-monetary="" exhibits="" much="" larger="" correlation="" with="" financial="" indiceshttps://www.canadiensstore.com="" with="" r=""> zero.7 for the implied volatility of the S&P 500 measured by the VIX index.

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