E-Book, Englisch, 102 Seiten, eBook
Reihe: BestMasters
Auinger The Causal Relationship between the S&P 500 and the VIX Index
1. Auflage 2015
ISBN: 978-3-658-08969-6
Verlag: Springer
Format: PDF
Kopierschutz: 1 - PDF Watermark
Critical Analysis of Financial Market Volatility and Its Predictability
E-Book, Englisch, 102 Seiten, eBook
Reihe: BestMasters
ISBN: 978-3-658-08969-6
Verlag: Springer
Format: PDF
Kopierschutz: 1 - PDF Watermark
Florian Auinger highlights the core weaknesses and sources of criticism regarding the VIX Index as an indicator for the future development of financial market volatility. Furthermore, it is proven that there is no statistically significant causal relationship between the VIX and the S&P 500. As a consequence, the forecastability is not given in both directions. Obviously, there must be at least one additional variable that has a strong influence on market volatility such as emotions which, according to financial market experts, are considered to play a more and more important role in investment decisions.
Zielgruppe
Research
Autoren/Hrsg.
Weitere Infos & Material
Risk and Emotions.- Financial Market Volatility.- Behavioural Finance.- VIX Index.