VIX Breaks Below 14 For First Time In Over 3 Years: What That Means For The Market
VIX Breaks Below 14 For First Time In Over 3 Years: What That Means For The Market
The ProShares Trust VIX Mid-Term Futures ETF (BATS:VIXM), an exchange-traded fund that tracks the S&P 500 VIX Mid-Term Futures Index, which measures the returns of a portfolio of monthly VIX futures contracts, ended Tuesday's session at $22.59, down 3.67%, according to Benzinga Pro data. This marked its lowest level since March 2020.The CBOE Volatility Index, popularly known as the VIX, settled below the 14 mark for the first time in more than three years.
這個 CBOE 波動率指數， 俗稱 VIX， 三年多來首次跌破14大關。
What Happened: The VIX is one of the most commonly used measures of market sentiment and it is often used by traders as a tool for assessing risk. The VIX tracks the S&P options market, where traders bet on the future direction of the index.
發生了甚麼： VIX是衡量市場情緒的最常用指標之一，它經常被交易者用作評估風險的工具。VIX追蹤標準普爾期權市場，交易者押注該指數的未來走向。
A rising VIX suggests professional traders are betting on wild swings in the S&P 50 Index. On the contrary, a falling VIX reflects their expectations of relatively smaller moves and consequently a calmer market.
VIX指數的上漲表明專業交易者押注標準普爾50指數的劇烈波動。相反，VIX的下跌反映了他們對相對較小變動從而使市場趨於平靜的預期。
The ProShares Trust VIX Mid-Term Futures ETF (BATS:VIXM), an exchange-traded fund that tracks the S&P 500 VIX Mid-Term Futures Index, which measures the returns of a portfolio of monthly VIX futures contracts, ended Tuesday's session at $22.59, down 3.67%, according to Benzinga Pro data. This marked its lowest level since March 2020.
這個 ProShares Trust VIX 中期期貨 ET (BATS: VIXM)，一家追蹤... 的交易所交易基金 標準普爾500指數VIX中期貨指數， 根據Benzinga Pro的數據，衡量VIX月度期貨合約投資組合回報率的指標週二收於22.59美元，下跌3.67％。這是自2020年3月以來的最低水平。
Source: Benzinga Pro
來源：Benzinga Pro
See Also: Best Penny Stocks
另見：最佳細價股
Analyst's Take: The VIX remained above the 14 levels for about three years and two months. Carson Group analyst Ryan Detrick said the previous longest streak the VIX was above the "14" mark was five, plus, years that ended on Aug. 13, 2012.
分析師的看法: VIX在大約三年零兩個月的時間裏一直保持在14水平以上。卡森集團分析師瑞安·德特里克表示，此前VIX突破 “14” 大關的最長連勝紀錄是截至2012年8月13日的五年多。
He noted that after that sub-14 print in 2012, the S&P 500 Index gained 18.3% over the next year.
他指出，在2012年低於14指數之後，標準普爾500指數在第二年上漲了18.3％。
The VIX closed beneath 14 for the first time in more than 3 years today.
â€" Ryan Detrick, CMT (@RyanDetrick) June 7, 2023
Longest streak above 14 since 5 plus yrs ending 8/13/12.
Did you know the S&P 500 gained 18.3% the next year after that sub-14 print back then?
Yeah, low volatility isn't always a bad thing.
今天，VIX指數三年多來首次收於14以下。
a€” Ryan Detrick，CMT (@RyanDetrick) 2023 年 6 月 7 日
自 2012 年 8 月 13 日結束的 5 年多以來最長的連勝紀錄超過 14。
你知道標準普爾500指數在當年低於14指數之後第二年上漲了18.3％嗎？
是的，低波動率並不總是一件壞事。
The VIX has since then moved back above the 14 levels and traded up 2.08% at 14.25.
此後，VIX已回升至14水平以上，交易價格上漲2.08％，至14.25。
Tuesday's move below 14 suggests market participants are less concerned about the future direction of the market.
週二跌破14表明市場參與者對市場未來走向的擔憂較少。
Despite the uncertainties surrounding interest rates and recession, key market gauges have remained resilient in recent sessions. The S&P 500 Index ended Tuesday's session at 4.283.85, its highest closing since Aug. 16, 2022.
儘管圍繞利率和經濟衰退存在不確定性，但關鍵市場指標在最近幾個交易日仍然具有彈性。標準普爾500指數週二收於4.283.85，爲2022年8月16日以來的最高收盤價。
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