17 November 2017
Over the past 12 months, a common headline in the financial pages has pointed to record low levels of volatility, as measured by the frequently quoted VIX volatility index. Yet for Australian equity investors, increasingly volatile share price movements in many stocks belies what the VIX is actually indicating - that headline volatility is at an all time low - a rather confusing situation. This article seeks to explain how the VIX is measured and what IML believes it is telling investors about current sharemarket sentiment and complacency.
Read article >