Tag Archives: Volatility


Leveraged ETFs

Author: Leo Chen, Ph.D., Post Date: November 14, 2018
Cumberland Advisors Market Commentary - Leo Chen, Ph.D.

Our quantitative strategy at Cumberland Advisors is a trading model that combines fundamental indicators and quantitative analysis into a binary output – either fully invested or all in cash. The strategy trades the S&P 500 in two versions: unleveraged and leveraged. Specifically, the leveraged portfolio uses a leveraged ETF as our vehicle to track 3X […]

VIX Inversion

Author: Leo Chen, Ph.D., Post Date: October 9, 2018
Cumberland Advisors Market Commentary - Leo Chen, Ph.D.

VIX, the “fear gauge,” measures S&P 500 near-term volatility by using options that expire in 23–37 days. Therefore, the VIX we often discuss is the 1-month volatility index. However, the Chicago Board Options Exchange (CBOE) also publishes 3-month (VIX3M) and 6-month (VIX6M) volatility indexes, which are less well known. The 3-month and 6-month VIX indexes […]

Turkey to Face More Volatility, Cumberland Advisors CIO Says

Author: , Post Date: June 24, 2018
Bloomberg - David Kotok - Turkey to Face More Volatility

Turkey to Face More Volatility, Cumberland Advisors CIO Says Bloomberg Daybreak: Australia June 24th, 2018, 7:07 PM EDT  David Kotok, chairman and chief investment officer of Cumberland Advisors Inc., talks about Recep Tayyip Erdogan’s victory in Turkey’s presidential election, the implications for the nation’s economy and financial markets. He speaks with Yvonne Man on “Bloomberg […]

Japan’s Domestic Political Turmoil versus Stocks

Author: Bill Witherell, Ph.D., Post Date: May 11, 2018
Cumberland Advisors Market Commentary - Bill Witherell, Ph.D.

In this note we take a closer look at Japan, where the equity market has also so far weathered some very dramatic domestic political storms. The Japanese economy is participating in the global economic recovery that is projected to continue at least through this and next year, and in the accompanying strong growth in global trade, which should persist unless a serious trade war develops.

Stop Saying Volatility Is a Bad Thing

Author: , Post Date: April 16, 2018
Cumberland Advisors In The News

Excerpt below: Hardly a day went by in 2017 without some pundit bemoaning the lack of volatility in financial markets. They worried about complacency, implying that the Goldilocks-like environment that enveloped markets was a recipe for disaster. With volatility on the rise, you would think the handwringing would diminish. It hasn’t. Now, the pundits are […]