This is valuable information. Thanks for sharing! I would like to add that everyone loves volatility as long as values are going the proper direction for their position. Everyone hates volatility when it's going the wrong way. It would be a lot of work, but if you could develop separate data series for up periods and down periods. You could then look at which ones have higher vol on the upside and lower vol on the downside to really narrow in on which ones have the good volatility vs. the bad kind. Make sense?