What is the highest the VIX has ever been?
What is the highest the VIX has ever been?
Actual VIX Value Range The highest VIX close ever recorded was 82.69 on 16 March 2020 when the covid pandemic started. Taking also intraday moves into consideration, the all-time high in VIX has been 89.53 on 24 October 2008 (during the peak of the financial crisis).
How high did the VIX go in 2008?
VIX Volatility Index – Historical Chart
| CBOE Volatility Index: VIX – Historical Annual Data | ||
|---|---|---|
| Year | Average Closing Price | Year High |
| 2008 | 32.69 | 80.86 |
| 2007 | 17.54 | 31.09 |
| 2006 | 12.81 | 23.81 |
What is the average value of the VIX over the long run?
The following are long-term historical charts of the VIX (CBOE Volatility Index). As you can see, the lows in VIX have been just below 10, while it reached almost 90 during the heat of the financial crisis in autumn 2008. The long-term average value of VIX Index has been somewhere between 20 and 22.
What is a good number for the VIX?
In general, a VIX reading below 20 suggests a perceived low-risk environment, while a reading above 20 is indicative of a period of higher volatility. The VIX is sometimes referred to as a “fear index,” since it spikes during market turmoil or periods of extreme uncertainty.
What did the VIX do in 2008?
A measure of fear in stocks just topped the levels during the financial crisis more than a decade ago. The Cboe Volatility Index, known as the VIX, surged nearly 25 points, or almost 43%, to close at a record high of 82.69, surpassing the peak level of 80.74 on Nov. 21 2008.
Why was VIX so high in 2011?
Click the chart for more on VIX. NEW YORK (CNNMoney) — Wall Street’s key measure of volatility, the VIX, skyrocketed to a 52-week high on Monday after Standard & Poor’s historical downgrade of the United States’ credit rating.
What is the correlation between VIX and S&P 500?
Generally, the VIX Index tends to have an inverse relationship with the S&P 500 Index. This negative correlation has earned the VIX Index the “fear gauge” moniker because VIX Index has a tendency to move up quickly when the broad market declines with velocity.
What was the VIX in March 2020?
82.69
On March 16, 2020, it closed at a record high of 82.69. Some refer to the VIX as “mean-reverting” — it tends to go back toward its average over time rather than stay at extremes.
When the VIX is high What does that mean?
A higher VIX means higher prices for options (i.e., more expensive option premiums) while a lower VIX means lower option prices or cheaper premiums.
