The Causal Relationship between the S&P 500 and the VIX Index
ISBN:
978-3-658-08968-9
Auflage:
2015
Verlag:
Springer Fachmedien Wiesbaden GmbH
Land des Verlags:
Deutschland
Erscheinungsdatum:
26.02.2015
Reihe:
BestMasters
Format:
Softcover
Seitenanzahl:
91
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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.
Biografische Anmerkung
Florian Auinger wrote his master thesis at the University of Applied Sciences in Steyr, Upper Austria and is currently working in the fields of mergers & acquisitions.
Social & Economic Studies within the Framework of Emerging Global Developments - Volume 4
Erscheinungsjahr:
2023
