Interesting correlation between VIX and LABD over the last month. Really goes to show how volatility/sentiment is driving LABD right now and not any view of fundamentals. There has also been a tight correlation between LABD and TXN too, but only over the last month. 1Y TXN LABD is not closely correlated.
VIX
LABD
TXN
VIX
LABD
TXN
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.