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Stock Market Volatility Plummets To Pre-Covid Levels: Analyst Says 'Enjoy Low VIX While It Lasts'

Stock Market Volatility Plummets To Pre-Covid Levels: Analyst Says 'Enjoy Low VIX While It Lasts'

股市波动率暴跌至Covid之前的水平:分析师表示 “在持续的同时享受低VIX”
Benzinga ·  2023/06/08 10:25

The Chicago Board Options Exchange's CBOE Volatility Index (VIX), commonly known as the "fear index," has recently plummeted to levels unseen since June 2021.

芝加哥期权交易所的芝加哥期权交易所波动率指数 (VIX),通常被称为 “恐惧指数”,最近已跌至2021年6月以来从未见过的水平。

The current low level of the VIX also aligns with the levels observed in February 2021, before the onset of the Covid-19 pandemic.

目前VIX的低水平也与2021年2月,即Covid-19大流行开始之前观察到的水平一致。

The substantial drop in volatility has ignited a notable upturn in the stock market during the past month, propelling the S&P 500 index towards its highest point since August 2022 and driving the Nasdaq 100 index to over 12-month highs.

在过去的一个月中,波动率的大幅下降引发了股市的显著回升,推动了股市的显著回升 标准普尔500指数 达到自2022年8月以来的最高点,并推动 纳斯达克 100 指数 达到超过12个月的高点。

Analysts are cautioning investors to enjoy the low volatility momentum while it endures. Historical patterns indicate the likelihood of a resurgence in volatility in the upcoming months.

分析师提醒投资者,在低波动势头持续的同时,要享受这种势头。历史模式表明,未来几个月波动性可能卷土重来。

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VIX Index: 2023 in Review

VIX 指数:2023 年回顾

The VIX index has steadily declined by 38% year to date, with a dramatic drop of over 50% since a mid-March spike caused by regional banking turmoil and the subsequent collapse of Silicon Valley Bank and Signature Bank.

今年迄今为止,VIX指数稳步下跌了38%,自3月中旬因区域银行业动荡以及随后的硅谷银行和签名银行倒闭而飙升以来,已大幅下跌了50%以上。

To better understand the prolonged downturn phase, the VIX index currently stands 37% below its 200-day moving average and 20% below its 50-day moving average.

为了更好地了解长期的低迷阶段,VIX指数目前比其200天移动平均线低37%,比50天移动平均线低20%。

VIX Chart

VIX 图表

The Warning Signs: Head of research at Topdown Charts, Callum Thomas, recently shared insights on LinkedIn, highlighting the VIX's consistent adherence to its seasonal pattern so far this year. According to historical data, volatility tends to begin rising from July through mid-October. Thomas sarcastically advised investors to "enjoy low VIX while it lasts," hinting at a potential reversal in the near future.

警告标志: Topdown Charts 的研究主管, 卡勒姆·托马斯,最近在LinkedIn上分享了见解,强调了VIX今年迄今为止一直坚持其季节性模式。根据历史数据,从7月到10月中旬,波动率往往会开始上升。托马斯讽刺地建议投资者 “在VIX持续的同时享受低位的VIX”,暗示在不久的将来可能会出现逆转。

Opportunities to Access the VIX Index: For investors looking to gain exposure to the VIX index, there are several ETFs available. These include the ProShares Trust VIX Short-Term Futures ETF (NYSE:VIXY), the ProShares Trust VIX Mid-Term Futures ETF (NYSE:VIXM), and the ProShares Trust Ultra VIX Short-Term Futures ETF (NYSE:UVXY), which offers a leveraged play on the VIX.

访问VIX指数的机会: 对于希望获得VIX指数敞口的投资者,有几只ETF可供选择。这些包括 ProShares Trust VIX 短期期货 ETF (纽约证券交易所代码:VIXY), ProShares Trust VIX 中期期货 ET (纽约证券交易所代码:VIXM),以及 ProShares Trust Ultra VIX 短期期 (纽约证券交易所代码:UVXY),该公司在VIX上提供杠杆交易。

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声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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