Shiller P/E ratio, also known as the Cyclically Adjusted Price-Earnings ratio (CAPE), is a measure of the value of an entire stock index that smooths out the short-term earnings volatility experienced by its constituent companies. The formula for the Shiller P/E ratio is simple: current price divided by average inflation-adjusted 10-year EPS.

Continue to short S&P500 index directly for every and each 1% rise until the end of the world.