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VIX Spike Recovery

Updated dailyData needs: lowlong onlyshort only
paper
2009
Source
Whaley, R. E. (2009). "Understanding the VIX." Journal of Portfolio Management, 35(3), 98-105.
Read the paper →

In plain terms

After a panic spike, when VIX starts dropping fast from 30+, stocks usually grind back over the next month.

How it works

VIX spikes above 30 followed by 5+ point drops mark panic peaks; broad-equity recovers over 10-42d.

No live results for this strategy yet. Charts appear once it has earned a top spot on at least one stock, either on its own or as part of a blend of several strategies.
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Data dependencies

  • Fred macro

    A data feed this strategy reads, refreshed on its normal schedule.

  • Daily prices

    Adjusted-close OHLCV for every US-listed ticker; primary price feed.

Expected edge

Reported return
~8-15% per signal event
Reported Sharpe
~0.6
Tested over
T+1 to T+42d

Whaley 2009 JPM: ~8-15% recovery over 21d post-panic peak.

Example tickers where this is likely to fire

Illustrative only, the signal fires based on the live data, not a fixed list.

Related families

Explore VIX Spike Recovery on alphactor.ai

See which tickers this family is currently firing on, with live signals and rankings.

For informational and educational purposes only. Not financial advice. Learn more