Volatility

Volatility means the propensity for change; the speed and extent of these changes. In finance, these changes are about price, and derivatives can price volatility. Financial traders often embrace volatility (non-directional change) as the source of profit. Volatility can also relate to social change and innovation (see Fundamental value) and the potential for creating new economic space. We embrace volatility. We are long-volatility. See Social derivative; Econautics; Economic Space Agency (ECSA).