Several things going on there, and we likely have not seen the end of volatility today for the stock, which right now is trading down about -4%.

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Unfortunately, there is no clear signal that this volatility will end soon.

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It would be helpful to know when this volatility might end.

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What's more, numerous studies have shown that most investors earn far lower average returns than the overall stock market because they are unable to handle the volatility and end up selling when stocks fall, only to buy again after they have recovered.

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The daily scrutiny of stockmarket analysts, and the likely high volatility of quarterly results, may mean no end of hassle from investors for the managers.

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Trying to manage this system to avoid volatility and avoid the inevitable bumps in the road can actually end up having the opposite effect.

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Traders suggest that the Fed's indication that it may be nearing the end of its cycle of interest-rate increases will probably make the volatility and trading volume jump even more.

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Clients who use this ratio may end up flocking to a manager who earns a relatively modest return with very low volatility.

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