What is the VIX and what does it mean?
From Dan Ferris, Editor, Extreme Value:
A lot of people think they know about the Volatility Index (VIX), the so-called “fear index”… But I bet you’d be surprised to find out how it’s calculated and what it’s really designed to represent. This video clears some of that up.
Crux note: February’s market correction caused no shortage of panic among investors… driving a marked uptick in web searches for “volatility.”
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