Because
of high volatility in this market, these oscillations will likely continue in the short run, so it's best for investors to focus on the long term.
Bitcoin Went From Periods
of High Volatility in 2016 to Consistenly High Volatility in 2017 Casey Pender and Max Gulker
The Japanese yen has always been a strong performing currency, often looked to as a safe option during times
of high volatility in the forex markets.
«When we look at the world, there's plenty of things to worry about, so we would anticipate there could be episodes
of higher volatility in the second half or even next year,» cautions Bruce Cooper, chief investment officer at TD Asset Management.
This long - lasting expansion with continued earnings growth can support rising stock prices over time, even with the possibility
of higher volatility in 2018.
Not exact matches
Even if Canada doesn't start dropping payloads
of cash itself — something Cooper says he does not foresee
in the next three years, at least — the ripple effect
of a central bank explicitly targeting
higher inflation and adopting formerly verboten measures to get it would be felt on these shores
in the form
of increased global
volatility.
«The challenging thing for investors is we're
in this environment
of muted returns, but it's accompanied by the risk
of higher volatility,» Cooper says.
LONDON, April 23 - Hamstrung by a renewed slump
in volatility and lack
of clear market direction, FX and bond speculators are making historically big bets on a lower dollar and
higher yields.
CNBC's Kayla Tausche speaks to Stuart Bernstein
of Goldman Sachs, about venture capital trends
in tech and sentiment
in Silicon Valley with recent
volatility in high growth stocks.
«
Volatility impacts our industry tremendously, because we are
in such a
high - risk, low - margin line
of work,» says Palmisano.
«While common wisdom has it that
higher volatility necessarily signals a discrete end to the [bull market], it is often the case that
higher vol is a natural occurrence
in the «late innings»
of extended rallies, particularly when the Fed is raising rates, as was the case
in late 1999 - 2000,» he wrote.
Shares
of Spotify Technology SA are set to begin trading on the New York Stock Exchange on April 3
in an unusual direct listing that gives insiders the option to sell instantly and does without the support
of traditional underwriters - a recipe for potentially
high volatility in early trading.
The debut
of the first futures contract on an established exchange was relatively orderly,
in contrast to expectations
of high volatility and traders short selling, or betting against, bitcoin.
«We believe it critical for a listing exchange to ensure a
high - quality displayed quote to reduce the cost
of capital and share price
volatility for its issuers, and
in the absence
of broader market structure reform, exchange - paid quoting incentives are a necessary mechanism
in a highly fragmented US marketplace to support liquidity for listed companies,» Cunningham said
in a letter to clients emailed to Business Insider.
The beginning
of his tenure has been defined by ramped up market
volatility, a pickup
in rates and the consensus that inflation is ticking
higher after a prolonged period
of price suppression.
In recent years they have added international equities and small - cap stocks — asset classes that come with
higher volatility than sturdier blue chips, but also offer the promise
of higher returns.
Timmer: You know, the last two years until the January
high, were really extraordinary times for the market, and I fear that investors got spoiled by that, because the S&P was up I think 52 %
in two years and
in 2017 the
volatility — the standard deviation
of those returns — was at an all - time low
of 3.9.
As a result
of those
high fees and
volatility, gaming platform Steam announced
in early December that it would no longer support cryptocurrency.
Market Makers also provide another service
in periods
of high volatility: if the market exerts upward or downward pressure on a security during a trading session, the Market Maker will mitigate the pressure by absorbing some
of the orders, thereby limiting excessive price swings.
Actual results, including with respect to our targets and prospects, could differ materially due to a number
of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition
in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result
in increased inventory and reduced orders as we experience wide fluctuations
in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result
in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations
in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs
in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up
of production
of our new products, and our entry into new business channels different from those
in which we have historically operated; the risk that customers do not maintain their favorable perception
of our brand and products, resulting
in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting
in significant additional costs, including costs associated with warranty returns or the potential recall
of our products; ongoing uncertainty
in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability
of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration
of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers
of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits
of the transaction; the risk that retail customers may alter promotional pricing, increase promotion
of a competitor's products over our products or reduce their inventory levels, all
of which could negatively affect product demand; the risk that our investments may experience periods
of significant stock price
volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity
of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization
of products under development, such as our pipeline
of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development
of new technology and competing products that may impair demand or render our products obsolete; the potential lack
of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed
in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
Although value stocks typically hold up better
in times
of volatility, this bull market has been exceptionally smooth — up until the last year, that is — and favored
high - growth momentum stocks, which tend to have more expensive valuations.
Low
volatility isn't a signal to sell or
of imminent sustained
higher volatility,
in our view.
In a guest post in The High Frequency Trading Review, Narang freely admits that «there has been an increasing incidence, in recent times, of days exhibiting unusually high volatility (measured as days when the close - to - close return, or alternatively, the high - low trading range are large in magnitude).&raqu
In a guest post
in The High Frequency Trading Review, Narang freely admits that «there has been an increasing incidence, in recent times, of days exhibiting unusually high volatility (measured as days when the close - to - close return, or alternatively, the high - low trading range are large in magnitude).&raqu
in The
High Frequency Trading Review, Narang freely admits that «there has been an increasing incidence, in recent times, of days exhibiting unusually high volatility (measured as days when the close - to - close return, or alternatively, the high - low trading range are large in magnitude).&ra
High Frequency Trading Review, Narang freely admits that «there has been an increasing incidence,
in recent times, of days exhibiting unusually high volatility (measured as days when the close - to - close return, or alternatively, the high - low trading range are large in magnitude).&raqu
in recent times,
of days exhibiting unusually
high volatility (measured as days when the close - to - close return, or alternatively, the high - low trading range are large in magnitude).&ra
high volatility (measured as days when the close - to - close return, or alternatively, the
high - low trading range are large in magnitude).&ra
high - low trading range are large
in magnitude).&raqu
in magnitude).»
The most recent such crisis, and the continued
volatility of the markets, means stock
in the views
of NYU professor Nouriel (Dr. Doom) Roubini has never been
higher.
«Given the huge amount
of volatility next week
in case
of a Yes vote, the Bank
of England would have put
high pressure on the banks to move south for the purposes
of preserving financial stability and confidence,» said Ronald MacDonald, a political economy professor at the University
of Glasgow.
The market
volatility index, otherwise known as the VIX and even better known as the fear gauge — a measure
of the expected
volatility of U.S. stocks — has surged to the
highest level
in more than two years.
The determination
of Albertsons» majority owner, private equity firm Cerberus Capital Management LP, to carry out the IPO despite
volatility in the stock markets underscores its confidence that it can fetch a
high valuation for Albertsons.
The exact size and growth
of this workforce is debated, but workers employed under precarious work conditions make up a significant portion
of the larger workforce, with estimates that 4 out
of every 10 workers are now employed
in precarious situations.49 These workers typically face
higher income
volatility than workers
in traditional employment relationships because they spend more time unemployed or underemployed and some have low earnings.50
As a result, it is now clear that the U.S. is
in the latter stages
of the multi-year credit cycle, a period when rising corporate leverage negatively affects returns to corporate debt as investors demand
higher risk premiums to compensate for the greater
volatility created by increased leverage.
Poon said the Fed's gradual withdrawal
of liquidity is having a global impact, causing
higher market
volatility in both the U.S. and Hong Kong.
One study by economist Elaine McCrate found that any reduction
in wages associated with the benefit
of flexibility is modest at best and,
in fact, many jobs with greater flexibility have
higher wages.137 Furthermore, the
volatility of earnings for many independent contractors would offset any compensating wage differentials, because workers can not compare the value
of flexibility to
higher earnings when they aren't able to predict their earnings as independent contractors.138
Congress and the Obama administration have created
high levels
of uncertainty that continue to create
volatility and a negative bias
in the markets, the money manager says.
The stock market opened way down, continuing last Friday's selloff, though it has climbed back since the open — implying the return
of volatility — as skittish investors continue to fear the sequence I describe
in this AM's WaPo: tight labor market, wage pressures,
higher interest rates, inflation, lower profit margins.
They also developed new rules, known as circuit breakers, allowing exchanges to halt trading temporarily
in instances
of exceptionally large price declines.12 For example, under current rules, the New York Stock Exchange will temporarily halt trading when the S&P 500 stock index declines 7 percent, 13 percent, and 20 percent
in order to provide investors «the ability to make informed choices during periods
of high market
volatility.»
Low
volatility had been replaced by
high volatility — Q1 had 23 days
of daily moves greater than 1 %
in the S&P versus seven such days for all
of last year, and the first few weeks
of the second quarter have seen similar swings.
The stochastic discount factor is time varying and by just the right amount to explain the variance
in returns (and the
high volatility of the stock market).
In order to achieve these type
of gains, the stocks we swing trade are typically
high beta, with plenty
of volatility.
Seeks to provide a
high level
of current income, while providing lower
volatility than a fund that invests
in fixed - rate securities.
Over the past few weeks, price action has been quiet and
volatility has been low, with the price trading
in a tight range near the
highs of the base:
Desai said that
high - yield bonds also mean
high risk, and pointed to the
volatility of high - yield energy bonds, especially
in the past year.
Moderator Sumit Desai
of Morningstar began the panel discussion Tuesday by framing
high - yield bond growth and
volatility, both
in performance and assets.
With market
volatility hitting multi-decade lows, junk bond yields also at record lows, the median price / revenue ratio
of S&P 500 constituents at a record
high well - beyond 2000 levels, and the most strenuously overvalued, overbought, overbullish syndromes we define, I'm increasingly concerned about the potential for an abrupt «air pocket»
in the prices
of risky assets that could attend even a modest upward shift
in risk premiums.
With Group
of Seven (G7) sovereign bond yields at historically low levels, some income - seeking investors have turned to
higher -
volatility securities like dividend - paying stocks
in an attempt to capture additional income.
On the other hand they seem to be smaller
in high -
volatility environments (possibly a side - effect
of mean - reverting
volatility).
In short,
high - profit / fast - growth economies are intrinsically more vulnerable to the
volatility of capital flows.
The asymmetric
volatility phenomenon is the observed tendency
of equity market
volatility to be
higher in declining markets...
And, as noted by Christopher Metli,
in our Institutional Equity Division, there was an unusually
high number
of volatility shorts
in the market heading into this week, which may help to explain (some
of) the large swings
in VIX.
All else equal,
volatility in bond prices from interest rate moves is
higher the longer you go out on the maturity and duration spectrum and the lower the level
of interest rates.
Given the expected uncertainty and potential
volatility in the coming year, I think avoiding
high - priced mistakes and management teams that lack integrity — 2 things that owners
of an entire market index
of companies can not easily avoid — may prove helpful.
But this isn't all that helpful, because after all
in times
of high volatility your position sizing is already limited.