Market condition index · Current read
Rising HBGI indicates expanding risk appetite, narrative-driven momentum, and speculative capital flowing into high-beta growth. Falling HBGI indicates risk aversion, credit tightening, or rotation away from speculation.
2.0 points below the 50-normal line. This locates the selected condition; it is not a forecast. From one official close publication; stale selected read.
Official closes earn richer presentation. The selected current read is never spliced into certified history.
| Official close | Condition | Calculated |
|---|---|---|
| 2026-08-17 | 10.4 | Aug 17, 2026, 11:26 PM UTC |
| 2026-08-20 | 48.0 | Aug 20, 2026, 11:19 PM UTC |
2 certified closes are shown as a dated ledger, not a connected trend.
Only exact governed relationships are navigable. Shared tickers and price moves never create a link.
No Basket, Narrative, or Asset context is inferred from inputs, tickers, price moves, or static “related” lists.
Declared weights explain construction. They do not claim today's contribution or causal impact.
| Input | Source | Formula role | Weight |
|---|
Informational only — not investment advice. MarketSchema is not a registered investment adviser. Condition Percentile reads and indexes are quantitative measurements derived from public market data, not recommendations to buy or sell any security.
| Cadence |
|---|
| ARKK | polygon | Price · positive | 12% | Intraday |
| MSTR | polygon | Price · positive | 8% | Intraday |
| XYZ | polygon | Price · positive | 7.0% | Intraday |
| IWM | polygon | Price · positive | 10% | Intraday |
| HYG | polygon | Price · inverse | 13% | Intraday |
| DGS2 | fred | Rate · inverse | 10% | Daily |
| TOTALSL | fred | Macro · positive | 10% | Monthly |
| UNRATE | fred | Macro · inverse | 5% | Monthly |
| VIX | cboe_polygon | Flow · inverse | 13% | Intraday |
| GLD | polygon | Price · inverse | 7.0% | Intraday |
| DTWEXBGS | fred | Macro · positive | 5% | Daily |