Индекс волатильности Cboe за 3 месяца

About the Cboe VIX3M Index (Cboe 3-Month Volatility Index)

The Cboe VIX3M Index is an indicator that measures the expected volatility of the S&P 500 Index over the next three months. It is calculated by the Chicago Board Options Exchange (Cboe) and is computed based on three-month option prices. This index quantifies the level of price volatility that market participants expect over the short to medium term, reflecting market sentiment and forward-looking expectations.

There are multiple reasons why this indicator is important. First, it is useful for grasping investors' risk perception levels. When the VIX3M index is high, it indicates that market participants expect corresponding price volatility, suggesting a high degree of uncertainty. Conversely, when it is low, the market is considered relatively stable. Additionally, it is used for adjusting portfolio hedge strategies and asset allocation decisions. Institutional investors and traders reference this index as a benchmark for market risk assessment, and it directly impacts option pricing in derivatives markets.

Notable trends include that the VIX3M index generally tends to rise during economic downturns, geopolitical risks, and financial crises. Additionally, it exhibits smaller fluctuations compared to the more famous VIX index (one-month volatility), providing a more stable medium-term risk perception. For this reason, it is used as a metric less susceptible to short-term noise for long-term investment decisions. Levels ranging from 20 to 30 are closely monitored as signals for detecting early market environment changes.