Odd Volatility Correlations Mark Friday's Market Moves As 8 Sigma Event Registered – ValueWalk Premium

Odd Volatility Correlations Mark Friday's Market Moves As 8 Sigma Event Registered

The Brexit vote led to odd volatility correlations.

Friday’s stock market volatility was unusual from several standpoints. Key volatility correlation breakdowns noted by several market analysis headlined the surprise result. The revolt by a slight majority of the UK electorate triggered a historic global risk off move, a Goldman Sachs options report notes. Asset returns were sharply “polarized” and the US VIX engaged in rather odd statistical behavior relative to the S&P 500 and European volatility.

VIX overshoots its stock market benchmark as options traders hedge . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk

Here’s a Tip: Read What Professional Investors Read

ValueWalk Premium is for investors looking to improve their investment process AND keep up-to-date on the latest industry trends.

It’s THE resource for value investing and hedge funds. 📈

And with a free three-day trial and $29.99 per month thereafter, it’s a value in its own right.

Sign up now. 👇

CLICK HERE TO TRY IT OUT

 

0