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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'

股市波動率暴跌至Covid之前的水平:分析師表示 “在持續的同時享受低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.

芝加哥期權交易所的芝加哥期權交易所波動率指數 (VIX),通常被稱爲 “恐懼指數”,最近已跌至2021年6月以來從未見過的水平。

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的低水平也與2021年2月,即Covid-19大流行開始之前觀察到的水平一致。

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.

在過去的一個月中,波動率的大幅下降引發了股市的顯著回升,推動了股市的顯著回升 標準普爾500指數 達到自2022年8月以來的最高點,並推動 納斯達克 100 指數 達到超過12個月的高點。

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.

分析師提醒投資者,在低波動勢頭持續的同時,要享受這種勢頭。歷史模式表明,未來幾個月波動性可能捲土重來。

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VIX Index: 2023 in Review

VIX 指數:2023 年回顧

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.

今年迄今爲止,VIX指數穩步下跌了38%,自3月中旬因區域銀行業動盪以及隨後的硅谷銀行和簽名銀行倒閉而飆升以來,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.

爲了更好地瞭解長期的低迷階段,VIX指數目前比其200天移動平均線低37%,比50天移動平均線低20%。

VIX Chart

VIX 圖表

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.

警告標誌: Topdown Charts 的研究主管, 卡勒姆·托馬斯,最近在LinkedIn上分享了見解,強調了VIX今年迄今爲止一直堅持其季節性模式。根據歷史數據,從7月到10月中旬,波動率往往會開始上升。托馬斯諷刺地建議投資者 “在VIX持續的同時享受低位的VIX”,暗示在不久的將來可能會出現逆轉。

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.

訪問VIX指數的機會: 對於希望獲得VIX指數敞口的投資者,有幾隻ETF可供選擇。這些包括 ProShares Trust VIX 短期期貨 ETF (紐約證券交易所代碼:VIXY), ProShares Trust VIX 中期期貨 ET (紐約證券交易所代碼:VIXM),以及 ProShares Trust Ultra VIX 短期期 (紐約證券交易所代碼:UVXY),該公司在VIX上提供槓桿交易。

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声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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