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SAVI Dollar

The SAVI Dollar (South African Volatility Index) is a forecast of 90 day implied volatility of the Rand against the Dollar. The SAVI Dollar enables investors to gauge “fear” and market sentiment relating to the local currency market.

Benefits

  • Used as a tool to measure market sentiment in SA's currency market
  • Monitor the fear forecast on a daily basis
  • Estimate how far prices are expected to move in a given time frame

Who should use this product?

  • Market commentators
  • Economists
  • Traders
  • Investors

How to use this product?

  • Volatility measures risk in financial markets. It can estimate a range of price movements in a given time frame.
  • When volatility is low there is a measure of complacency in the markets (or lack of fear).
  • In a high volatility environment large market moves are possible.
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