News Sentiment and the Investor Fear Gauge

This note examines the relationship between aggregate news sentiment and changes in the implied volatility index (VIX). A significant negative contemporaneous relationship between changes in VIX and news sentiment is discovered. The relationship is asymmetric whereby changes in VIX are larger follow...

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Bibliographic Details
Main Author: Smales, Lee
Format: Journal Article
Published: Academic Press 2013
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/26057
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author Smales, Lee
author_facet Smales, Lee
author_sort Smales, Lee
building Curtin Institutional Repository
collection Online Access
description This note examines the relationship between aggregate news sentiment and changes in the implied volatility index (VIX). A significant negative contemporaneous relationship between changes in VIX and news sentiment is discovered. The relationship is asymmetric whereby changes in VIX are larger following the release of negative news items.
first_indexed 2025-11-14T07:59:42Z
format Journal Article
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institution Curtin University Malaysia
institution_category Local University
last_indexed 2025-11-14T07:59:42Z
publishDate 2013
publisher Academic Press
recordtype eprints
repository_type Digital Repository
spelling curtin-20.500.11937-260572017-09-13T15:23:54Z News Sentiment and the Investor Fear Gauge Smales, Lee Investor behaviour VIX Stock market Implied volatility News sentiment This note examines the relationship between aggregate news sentiment and changes in the implied volatility index (VIX). A significant negative contemporaneous relationship between changes in VIX and news sentiment is discovered. The relationship is asymmetric whereby changes in VIX are larger following the release of negative news items. 2013 Journal Article http://hdl.handle.net/20.500.11937/26057 10.1016/j.frl.2013.07.003 Academic Press fulltext
spellingShingle Investor behaviour
VIX
Stock market
Implied volatility
News sentiment
Smales, Lee
News Sentiment and the Investor Fear Gauge
title News Sentiment and the Investor Fear Gauge
title_full News Sentiment and the Investor Fear Gauge
title_fullStr News Sentiment and the Investor Fear Gauge
title_full_unstemmed News Sentiment and the Investor Fear Gauge
title_short News Sentiment and the Investor Fear Gauge
title_sort news sentiment and the investor fear gauge
topic Investor behaviour
VIX
Stock market
Implied volatility
News sentiment
url http://hdl.handle.net/20.500.11937/26057