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Will the VIX Index print above 50 in 2019?

In the popular financial press, the VIX Index is often referred to as the "fear gauge". In reality, it is a quantitative assessment of expected stock market volatility over the next thirty day period, and is computed from S&P 500 stock index option prices.

To rule-of-thumb accuracy, the numerical value of the VIX corresponds to the annualized one-sigma percentage change in the value of the S&P 500 Index over the next month. At present, the VIX stands just above 21, so very roughly speaking, this means that the market ascribes a 30% chance that stocks will have changed in price by more than 6% by late December 2018.

Typically, the value of the VIX lies between 10 and 20, but it regularly spikes during times of market turmoil. During the 2008 financial crisis, for example, the VIX briefly reached values above 80. This year, the VIX maxed out at 37.32 on February 6th, the day after the largest point-drop in the history of the Dow Jones Industrial Average.

During the calendar year 2019, will the VIX Index have an intra-day print with a value above 50?

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Use the community stats to get a better sense of the community consensus (or lack thereof) for this question. Sometimes people have wildly different ideas about the likely outcomes, and sometimes people are in close agreement. There are even times when the community seems very certain of uncertainty, like when everyone agrees that event is only 50% likely to happen.

When you make a prediction, check the community stats to see where you land. If your prediction is an outlier, might there be something you're overlooking that others have seen? Or do you have special insight that others are lacking? Either way, it might be a good idea to join the discussion in the comments.