Macro#427tier 1live in productionNew

vix spike recovery

cadence: Dailydata: lowlong onlyshort only
paper
2009
Source
Whaley, R. E. (2009). "Understanding the VIX." Journal of Portfolio Management, 35(3), 98-105.
Read the paper โ†’

What it checks

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

Mechanism

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

No production champion data for this family yet. Stats appear once the discovery pipeline promotes at least one strategy with this family tag, or once a multi-family blend that includes it earns a champion slot.

Signal rule

long SPY-like when VIX 5d max >= 30 AND VIX 5d drop >= 5pt; hold 10/21/42d; inverted on long-vol ETFs

Data dependencies

  • fred_macro

    Worker data table, see services/worker schema.

  • daily_prices

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

Expected edge

Paper alpha
~8-15% per signal event
Paper Sharpe
~0.6
Paper window
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