Unigestion | October began in the shadow of highly negative expectations but ended on a positive note, as key dangers were avoided. Will this trend continue, which assets will end up flying to the moon, and how can we position ourselves for the final 40 trading days of the year?
There are various ways of measuring the volatility of equities, but for me the most representative are: a) what is known in the Anglo-Saxon world as the fear index, VIX, and b) the ample range formed by the intra-day movement of an asset price. In other words the difference between the maximum and minimum level of a share price or index within the same day. As Víctor Peiro from GVC Gaesco points, if we look at the performance of this volatility index, both for the US and European indices, we can see we are close to record lows.