KOREA MARKET
Market sentiment · risk
Check the emotional signal in retail flow separately from structural bear-market transition risk.
As of -- close · updated --
Using connected data, the current score is 5.5/10, Caution stage. The IPO item combines SEC quarterly statistics with verified non-U.S. mega-IPO events. Retail sentiment reads Fear signal, and VKOSPI is 84.35 (as of 2026-08-03).
Current state
The two answer different questions — sentiment is the current mood, risk is resilience against a bear-market transition.
Retail sentiment
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Retail sentiment: a 0–100 score standardizing how far retail net buying deviates from the pattern that period's index return would predict. Weaker-than-usual retail buying during declines reads as fear; stronger-than-usual buying during advances reads as greed. This is a directional clue, not standalone investment advice.
[Reference] VKOSPI
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This is the option-implied expected volatility for the coming 30 days. A higher reading means a wider expected short-term range.
Current VKOSPI -- · similarity range -- · independent past regimes --
| Past date | VKOSPI then | Diff. from now | KOSPI +21td | KOSPI +63td |
|---|
These are past cases matched on VKOSPI level alone. Rates, earnings outlook, the economic cycle, and supply/demand at the time are not reflected. Past cases do not predict future market moves.
VKOSPI is an option-implied expected-volatility gauge, not a measure of market direction itself.
Structural risk
--Structural risk score: a 0–10 composite summing five indicators (market breadth, leadership, end demand, IPOs, EPS revisions; each 0–2) that together gauge bear-market transition risk. This composite is scoped to the sentiment/risk category — it is not a site-wide total.
How each indicator is scored
Sources: KRX investor trading value (retail net buying) · FRED (M2SL, WRESBAL, RRPONTSYD, WTREGEN) · SEC quarterly IPO statistics · Methodology reference: Dr. Hyojin Kim's (Shinyoung Securities) framework (detailed indicator design is independent)