Isalathisi soloyiko lwe-VIX: hlalutya ukuguquguquka kwaye uqikelele imarike

I-VIX Uloyiko kunye ne-Volatility Index – yintoni na, indlela yokuyithethelela kunye nendlela yokuqikelela ngayo. 

VIX index – yintoni na

Isalathisi se-VIX sisalathiso esibonisa
ukuguquguquka koqoqosho . Ngaphandle koko, kubizwa ngokuba sisalathisi somtyalo-mali. Amaxabiso aphezulu e-VIX index abonisa uloyiko oluhambelanayo lwabadlali kwiimarike zemasheya, ngelixa ixabiso eliphantsi, ngokuchaseneyo, libonisa imeko eyanelisayo yabagcini.

Yintoni i-CBOE Volatility Index

Isalathiso sokuguquguquka kwe-CBOE sisalathiso esibonisa okulindelweyo kwiimarike zokhuseleko. Itshintsha ngokuxhomekeke kwiinguqu zamva nje kwi-
S & P 500 index, isalathisi esiphambili soqoqosho lwase-United States. Uqikelelo oluguquguqukayo lweentsuku ezingama-30 zokugqibela luthathelwa ingqalelo. Izithintelo zexeshana ezinjalo zibangelwa kukuba imihla yokuphelelwa kwexesha kwisalathiso seSPX ithathelwa ingqalelo.

Ukuqonda isalathisi seVIX

Itshathi ye-VIX ibonisa ulindelo lwabagcini bemali kwiintsuku ezingama-365 ezizayo. Ukuphambuka kunye nokungahambelani nazo zithathelwa ingqalelo, umzekelo, kwi-S&P 500 index. Ukuphambuka okuphambili kukuhamba kwixabiso lempahla ewela phantsi kweepesenti ze-68. Makhe siqwalasele umzekelo olula. Ukuba itshathi ye-VIX ifunda i-15 namhlanje, inani lilingana nepesenti yexabiso langoku le-S & P lilingana noluhlu oluxoxwe ngaphambili.
Xa uhlalutya isalathisi se-VIX, kuyimfuneko ukuba ibe nexabiso layo langoku okwangoku, kunye nokuhlalutya kwinqanaba lembali. Oko kukuthi, nikela ingqalelo ukuba iziganeko ezinjalo zenzeke kwimarike. Ukuba isalathisi esibhalisiweyo asidluli i-20, ngoko oku kubonisa isalathisi esincinci soloyiko lomtyali-mali kwaye ngokufanayo.

I-VIX ibalwa njani

Kufuneka uqale ngento yokuba isalathiso esikulo mbuzo asikho izibambiso eziqhelekileyo, kodwa ukhetho. Oko kukuthi, umtyalo-mali unokuthengisa amasheya okanye iibhondi ngexabiso elimiselweyo kwixesha elizayo. Ukunyuka kwexabiso leenketho kwenzeka ngexesha apho imarike iyancipha okanye ihlala iguquguquka kumacala omabini. Ukukhula akusoloko kwenzeka, kodwa ixesha elininzi, ngoko abanye abatyali-mali bajonga iinketho njenge-inshurensi elungileyo ukukhusela impahla yabo. Ezona nzuzo zikhulu zenzeka xa izibambiso zinikezela kukuguquguquka okunzulu.

Indlela i-VIX inokuqikelela ngayo ikamva

I-stock market inokunikezela ukuthenga kungekuphela nje izibambiso ngexabiso elimiselweyo, kodwa kunye neenketho kwi-S & P index 500. Inombolo kwisihloko ibonisa inani leenkampani ezinkulu zaseMelika ezinokuthi zilawulwa ngurhulumente – zibucala. . Iingcali eziqulunqa izalathisi ziqwalasela iindleko zangempela zokhetho lwenyanga yokugqibela. Ukuziphatha kwe-S & P 500 ingasetyenziselwa ukubala ukuguquguquka kwexesha elizayo ngokuhlalutya kokubini ukungena nokuphuma.

Athetha ntoni amanqaku aphantsi?

Isalathiso se-VIX siyakwazi ukubonakalisa zombini iqondo loloyiko kunye nokuba nesimo sengqondo sabatyalo-mali. Oku kwenzeka ngokuhlalutya ukuguquguquka okulindelekileyo. Ukuphakama kwesalathisi esicatshangelwayo, ngakumbi ukwesaba kunye nokuxhalaba kwiimarike, kwaye isalathisi esisezantsi sibonisa okuchaseneyo – ukuzola kunye nokwaneliseka kwabatyalo-mali.

Indlela yokuthengisa i-VIX

I-VIX ayinakuthengwa ngokuthe ngqo, kodwa akukho mntu uvimbela abatyalo-mali ukuba bathengise kwiinketho ezichaphazelekayo. Kwanele ukuvula isikhundla kwimarike echaphazelekayo, zombini iinketho kunye nexesha elizayo zifanelekile. Ukurhweba yindlela ekhethwayo kubo bobabini abatyali-mali kunye nabarhwebi. Ukusebenzisa esi sixhobo, unokukhusela iphothifoliyo ekhoyo, kunye nokufumana kwinguqu kwixabiso lesalathisi, ukuba ukuhla okubukhali kwempahla kwiphothifoliyo kulindeleke kwixesha elizayo. I-VIX Fear and Volatility Index inokujongwa kwi-intanethi apha: https://www.google.com/finance/quote/VIX:INDEXCBOE?sa=X&ved=2ahUKEwjyz6qymvP5AhUv_7sIHS8kARIQ3ecFegQIHxAg

Uyenza njani imali kwi-VIX

Ngo-2008, xa imeko yoqoqosho lwehlabathi yenzeka, umdla wabadlali kwiimarike zemasheya ukufumana imali ngokuguquguquka kwimarike yokhuseleko yanda kakhulu. Lo yaba ngumanduleli wokubheja kwiinguqu kwixabiso le-asethi. Isiphumo seziganeko ze-2008 ziimarike ezintsha kunye neemveliso ezikuvumela ukuba utyale imali kwi-VIX index. Oku kunokwenziwa kusetyenziswa
ii- ETF kunye nee-ETN.

• Abanye abatyali-mali basebenzisa izixhobo eziqwalaselweyo zengeniso yexeshana elifutshane kwizenzo eziqikelelwayo – utshintsho lwesalathiso.
• Iheji yokuphumla – iqinisekisa ii-asethi ezikhoyo kutshintshiselwano ngexesha lokuhla kwexabiso ngesizathu esithile. Isiphumo sobuqhetseba obunjalo siya kuba yimbuyekezo ye-drawdowns, ekubeni isalathisi esihambelanayo siya kukhula.

Isicwangciso sokurhweba esinokusetyenziswa

Kukho izicwangciso ezininzi zokurhweba ezisekelwe kwi-VIX. Makhe siqwalasele enye yezona zinto zisebenzayo kwaye zikhuselekile – ukurhweba kwi-ETN. Isishunqulelo sinokufana nesixhobo seklasikhi, kodwa oku akuyonyani ngokupheleleyo. Njengoko sele kukhankanyiwe, ukuhla kwe-VIX kugxininiswe kwixesha eliphantsi kunye nokuzinza okuphezulu kwi-stock market. Nangona kunjalo, ikhula ngexesha lokungaqiniseki kunye noloyiko lwabadlali, kubandakanywa ukuguquguquka kwempahla engafanelekanga. Undoqo wesicwangciso kukuvavanya izikhombisi zangoku, kunye neenkcukacha zembali, eziza kuvumela uvavanyo olunenjongo ngakumbi kwimarike. Ukongezelela, isicwangciso esingentla sinokusetyenziswa ngokubambisana nezinye izikhombisi zobugcisa. Zinokuba luncedo, umzekelo, ukuvavanya ukugqitywa kweentengiselwano ngexesha. Ukuze kuqhutywe uphando lobugcisa,
Ibhendi yeBollinger kunye nexesha elisithoba elilula
elihambayo eliphakathi .

• I-Bollinger Band sisixhobo esibonisa ukuguquguquka kwaye ikuvumela ukuba ulandele ixesha lokutshintsha kwexabiso elilindelekileyo. Kwisicwangciso esiqwalaselwayo, sinokusetyenziswa njengesalathisi sokubuyisela kumyinge.
• I-avareji eshukumayo enamaqela amabini iya kunceda ukucokisa amangeniso akho.

Kufanelekile ukuthetha ukuba esi sicwangciso sinokusetyenziselwa utyalo-mali lwexesha elide kunye nolwexesha elifutshane. Ukungena, ngokwesicwangciso, kuya kwenziwa ngexesha lokuzaliseka kwexesha elilodwa lemiqathango. Qwalasela umzekelo weemeko zezikhundla ezide:

• I-VIX ikwimeko ehlayo;
• isalathisi se-VIX siwela kwibhendi yeBollinger ezantsi, kwaye ngokukhethekileyo iphantsi;
• i-avareji yokuhamba kwexesha elithoba ingaphantsi kwexabiso lesalathiso esisetyenzisiweyo;
• ukungena kuqhutywa ngexabiso elidlula ixesha elithoba lokuhamba;
• kufuneka ibeke umyalelo wokutshintshiselana kunye nokulahleka kokuyeka okungaphantsi kokuguquguquka kwamva nje kwe-VIX index;
• unokuvala isikhundla xa isalathisi siwela ibhendi yeBollinger ukusuka phezulu.

Ukuba usebenzisa le miyalelo ingentla umva, uya kufumana iimeko onokungena ngazo kwizithuba ezimfutshane. Cinga ngetshathi ebonisa imeko kwi-stock market kwaye uhlalutye isicwangciso esingentla.
Kwitshathi, unokubona imeko ephindaphindiweyo, apho kuqala kukho ukuhla okucwangcisiweyo, kwaye emva koko ukunyuka okubukhali kwexabiso le-asethi. Iibhanti ezibomvu kwitshathi engentla ziyiBollinger Bands. Umgca otyheli embindini ngumndilili ohambayo wexesha elisi-9. Izangqa eziluhlaza lelona xesha lilungileyo lokuphuma. Kwaye okuluhlaza kubonisa iintsingiselo. Igrafu ibonisa ukuba ekuqaleni kukho ukuhla. Kwitshathi, unokubona imeko ephindaphindiweyo, apho kuqala kukho ukuhla okucwangcisiweyo, kwaye emva koko ukunyuka okubukhali kwexabiso le-asethi. Iibhanti ezibomvu kwitshathi engentla ziyiBollinger Bands. Umgca otyheli embindini ngumndilili ohambayo wexesha elisi-9. Izangqa eziluhlaza lelona xesha lilungileyo lokuphuma. Kwaye okuluhlaza kubonisa iintsingiselo. Igrafu ibonisa ukuba ekuqaleni kukho ukuhla. Xa umtyalo-mali eqinisekile ukuba i-VIX index iyancipha kwaye iphule okanye isondele ekuphuleni uphawu oluphantsi lwe-Bollinger, unokulungiselela ukungena kwishishini elide. Ungeno luyakwenzeka ngeli xesha ixabiso lexesha-ezimbini lichukumisa elona xabiso, lihlala lisenzeka naphantsi. Ungabona kwakhona kwitshathi ukuba ibhendi ephuzi iphezulu kunobomvu, kubandakanywa nomzuzu xa iqela leBollinger lithinta ixabiso langoku. Oku kulandela ukuba umtyali-mali ulinde ixesha elifanelekileyo ngaphambi kokukhula kwexabiso le-asethi kunye nokuvalwa komyinge wexesha elithoba lokuhamba. Iodolo yokuthenga ibekwe ngexabiso lokugqibela elisezantsi, kwaye kaninzi nokuba lisezantsi kancinci. Injongo ephambili kukuwela ibhendi yeBollinger ephezulu ukuze uphume. Isalathiso soloyiko lwe-VIX: hlalutya ukuguquguquka kwaye uqikelele ukonakala: https:

Indlela abaTyalo-mali balahlekelwa ngayo yiMali kwi-VIX

Ngexesha leenkathazo, abatyali-mali abanomdla kwinkqubo yexesha elide yokutyalo-mali kunye nokubamba i-asethi banokubukela i-VIX index iphakama ngokukhawuleza. Ngenxa yoko, iphothifoliyo izaliswa ngeendlela ezifanelekileyo, ekufuneka zihlawule ilahleko kwixesha elide. Le ndlela ibonakala inengqiqo kakhulu, kodwa i-stock market inokubuyisela ngaphandle kweenguqu ezibukhali kumaxabiso e-asethi. Le meko iya kukhokelela ekwehleni kwexabiso lesalathiso soloyiko kunye nokuguquguquka, okuya kubandakanya ilahleko enkulu kumtyalo-mali. Kukwafanelekile ukuba uqaphele ukuba ii-asethi ze-ETF zithande ukutsha. Oko kukuthi, iimpahla ezinjalo azikwazi ukugcinwa kwixesha elide. Umzekelo, ukuba ujonga phantse nayiphi na ingxowa-mali ekuvumela ukuba utyale imali kwisalathiso soloyiko kunye nokungaguquguquki, unokubona ukuhla okucwangcisiweyo okuhla kwixabiso le-asethi enjalo. Esona sizathu siphambili soku sisidingo sokufumana amatsha kunye nokuthengisa ikamva elidala kwisalathiso se-S&P. Ngoko ke ii-asethi ezibandakanyiweyo kwingxowa-mali ethile ziya kuxelisa itshathi ye-VIX kunye nokuhamba kwayo kuxhomekeke ekuzinzeni kwee-asethi. Ngokuqhelekileyo, zonke iikhontrakthi zigcinwa kwisalathisi esibhengeziweyo malunga nenyanga ye-1. Iindleko zabo ziyohluka ngokuxhomekeke kwixesha labo – ixesha elifutshane, isivumelwano singabizi kwaye ngokuphambene. Ingxowa-mali kufuneka ithengise ezinye iikontraka zexesha elizayo yonke imihla kwaye ifumane ezinye. Ngokomzekelo, ukuba ikamva lokuqala linexesha leentsuku ezili-15, ngoko liya kubiza ngaphantsi, kwaye ukuba i-30 okanye ngaphezulu, iya kuba yindleko ehambelanayo. Oko kukuthi, ingxowa-mali ithenga ikamva ngexabiso eliphezulu kwaye iwathengise ngexabiso eliphantsi. Oku kuzisa ilahleko kubatyali-mali. Ukuba uthenga iinketho kwi-VIX index, emva koko unokudlala ngokukhuselekileyo ngexesha lokuhla kwexesha elide kwiimarike okanye xa kwenzeka ukunyuka okubukhali kokuguquguquka. Ukuqikelelwa ngesixhobo kuyingozi kakhulu, ngoko kungcono ukuzikhawulela kwimbono yexesha elifutshane lokusetyenziswa.