The market indicator dashboard is a compilation of heuristics that attempt to shed light on how over or under valued the U.S. stock market is. The metrics are updated periodically throughout the year using information from the Federal Reserve and other public sources.

Investors use this information for a variety of reasons, including tail hedging, whereby an investor purchases assets that increase in value when the market does the opposite. In many cases, a tail hedge can be a relatively low cost way to limit losses during extreme market events, as evidenced by Nassim Taleb and Mark Spitznagel through their company, Universa.