This is a trading item or a component that was created using QuantShare by one of our members.
This item can be downloaded and used by QuantShare Trading Software.
Trading items are of different types. There are data downloaders, trading indicators, trading systems, watchlists, composites/indices...
You can use this item and hundreds of others for free by downloading QuantShare.
Top Reasons Why You Should Use QuantShare:
Works with US and international markets (stock, forex, options, futures, ETF...)
Offers you the tools that will help you become a profitable trader
Allows you to implement any trading ideas
Exchange items and ideas with other QuantShare users
Our support team is very responsive and will answer any of your questions
We will implement any features you suggest
Very low price and much more features than the majority of other trading software
This is an index published by The Yale School of management. It calculates the confidence that there will be no stock market crash in the succeeding six months. Two indices are reported, one for institutional and another for individual. The higher the value of the index the more confident investors are and the more they believe that there will be no crash in the near term. On the contrary, a low value in the crash confidence index indicates that investors believe that the market may experience a crash in the near term. As an example, Crash Confidence Index for institutional has declined to 18.02% on February 2009, institutional were expecting a market crash. This value of 18.02% was the lowest value of the index since its creation in 1989.
The current download item downloads both institutional and individual time-series (historical data) for the crash index as well as the standard error of the index value (the Standard error data is saved in the volume field). The added symbols are '^YALE_CRASHINDEX_INDIVIDUAL' for individual and '^YALE_CRASHINDEX_INSTITUTIONAL' for institutional.
Some weeks ago, I have created another index from the Yale School of management, the valuation confidence index. You can download it at the following URL: Yale - Valuation Confidence Index
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.
