Historical
Record The low volatility effect has been known so long1 and studied so extensively that there is little danger it will be discredited as a statistical fluke or a by - product of incomplete or erroneous data.
Equally concerning, the investment community may not be adequately prepared for the possibility that
record low volatility in both stocks and bonds picks up substantially.
The Squeeze highlights
record low volatility when it is safer to look for breakouts.
We've had a few of them lately and they come after a period of near
record low volatility, making them even more jarring.
Not exact matches
As a result the
volatility index, known as the VIX, was at its highest since November 9 - a day after the U.S. elections, though it was close to
record lows earlier this week — before the tensions escalated.
Ciolli: What are your thoughts on
volatility being stuck near
record lows for so long?
With rubber prices near
record lows, Halcyon Agri is looking to restore fair prices by reducing market
volatility, explains CEO Robert Meyer.
The caveat would be that we have never seen a spike above 35 before from near
record low levels of
volatility.
«Even if
volatility falls notably from here which history says is likely after such a spike, we find it difficult to imagine the market being prepared to drive it down to the
record low levels of [the second half of] 2017 anytime soon given the shock seen this week,» they say.
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.
And matters weren't helped much as
volatility hovered close to the
lowest levels on
record, sapping the market of the price swings so crucial for active managers to prove their bonafides.
And matters weren't helped much as
volatility hovered close to the
lowest levels on
record, sapping the market of the price swings so crucial for active managers to prove their bona fides.
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.
As calm markets pushed
volatility to
record lows, some strategies increasingly accepted bets against calm markets in order to fund equity positions.
At this point, we would find it difficult to imagine that we will return to the prior
record low levels of market
volatility.
With
volatility over the last two years at
record lows traders have been itching to trade something that really moves.
After a long period of much
lower than average
volatility (in 2017, the S&P 500 hit 64
record highs, with only four single - day declines of more than 1 %), this has been surprising for many investors.
What are the potential conditions required to keep
volatility at historically
low, if not
record low, levels?
Stock and bond markets barely budged as two huge pieces of news hit the wires Thursday, a counterintuitive, but typical, reaction in a year that has seen
record -
low volatility in financial markets.
With
record -
low volatility and
low stock correlations, some are proclaiming the return to favor of active management after years of suffering outflows to passively run index funds.
Working 10 years for Tocqueville Finance, as Fund Manager since 2006, Sebastien delivered from 2008 a robust track
record with 5 successive years outperforming the European index together with a
lower volatility.
After an extended period of
record - high stock prices and
record -
low volatility, the current dip offers an opportunity to:
Dividend aristocrats have a 13.8 % standard deviation over the last 10 years, demonstrating
lower volatility than the S&P 500, which
recorded a 14.9 % standard deviation over the same period.
Despite what most observers see as highly uncertain environment, market expectations of near term
volatility are near
record lows suggesting scope for sudden disillusionment.
On November 3 the Cboe
Volatility Index ® (VIX ®) closed at 9.14, an all - time
record low for both a daily and weekly closing value for the index.
U.S. stocks have set all - time
records this year, with
lower market
volatility — but pullback predictions have increased.
Strong earnings growth and
low volatility helped markets set
record highs amid a synchronized global economic expansion.
The MSCI ACWI closed at a
record high 61 times, and 30 - day realized
volatility of the S&P 500 Index hit its
lowest level since the early 1960s.
Investors are heading into 2014 - 15 with Wall Street at a
record high and
volatility almost at a
record low.
Germany has
lower rates of family break - up and a better education system, less immigration and a more durable
record on skills, higher living standards and less housing
volatility.
In the United States, the major indices surged to a series of
record highs with an unusually
low degree of day - to - day
volatility.
The MSCI ACWI closed at a
record high 61 times, and 30 - day realized
volatility of the S&P 500 Index hit its
lowest level since the early 1960s.
Low -
volatility funds take different approaches, but they generally focus on stocks that have a
record of milder swings than the rest of the market.
With
record low levels of
volatility, the index has returned nearly 20 % this year.
This is our flagship portfolio and has an 18 + year track
record of
low volatility and outstanding returns.
However, after adding the
low volatility screen, the S&P Access Hong Kong Low Volatility High Dividend Index recorded a higher absolute return with lower return volatilit y and drawdown over the back - tested peri
low volatility screen, the S&P Access Hong Kong Low Volatility High Dividend Index recorded a higher absolute return with lower return volatilit y and drawdown over the back - test
volatility screen, the S&P Access Hong Kong
Low Volatility High Dividend Index recorded a higher absolute return with lower return volatilit y and drawdown over the back - tested peri
Low Volatility High Dividend Index recorded a higher absolute return with lower return volatilit y and drawdown over the back - test
Volatility High Dividend Index
recorded a higher absolute return with
lower return volatilit y and drawdown over the back - tested period.
With
volatility over the last two years at
record lows traders have been itching to trade something that really moves.
• Rising sales • Rising earnings • Rising dividends • Strong balance sheets • Ample cash • Modest debt • Stocks with a proven
record of
low volatility in previous stock market declines.
But there is no evidence of CO2 causing more temperature
volatility (particularly extremes to the cold side) and even those who have suggested that global warming might lead to more
volatility would be forced to admit, if they are being honest, that this is more
volatility around a higher mean, such that there still should not be a lot more
record lows.
While Bitcoin has been making the headlines for hitting
record highs and
lows that give new meaning to the term «
volatility», it's also increasingly gaining attention with regard to cybersecurity.
Investors worldwide struggled to find high returns in the wake of the global financial crisis amid interest rates languishing near
record lows and bouts of elevated
volatility in the stock and bond markets.