Get quick answers to your questions about the article from our AI researcher chatbot
{'id': 'https://openalex.org/W28153781', 'doi': None, 'title': 'Market Timing Using the VIX for Style Rotation', 'display_name': 'Market Timing Using the VIX for Style Rotation', 'publication_year': 2011, 'publication_date': '2011-04-01', 'ids': {'openalex': 'https://openalex.org/W28153781', 'mag': '28153781'}, 'language': 'en', 'primary_location': {'is_oa': False, 'landing_page_url': 'https://www.questia.com/library/journal/1P3-2416817321/market-timing-using-the-vix-for-style-rotation', 'pdf_url': None, 'source': {'id': 'https://openalex.org/S102700472', 'display_name': 'Financial Services Review', 'issn_l': '1057-0810', 'issn': ['1057-0810', '1873-5673'], 'is_oa': False, 'is_in_doaj': False, 'is_core': True, 'host_organization': 'https://openalex.org/P4310320990', 'host_organization_name': 'Elsevier BV', 'host_organization_lineage': ['https://openalex.org/P4310320990'], 'host_organization_lineage_names': ['Elsevier BV'], 'type': 'journal'}, 'license': None, 'license_id': None, 'version': None, 'is_accepted': False, 'is_published': False}, 'type': 'article', 'type_crossref': 'journal-article', 'indexed_in': [], 'open_access': {'is_oa': False, 'oa_status': 'closed', 'oa_url': None, 'any_repository_has_fulltext': False}, 'authorships': [{'author_position': 'first', 'author': {'id': 'https://openalex.org/A5082781756', 'display_name': 'Brian Boscaljon', 'orcid': 'https://orcid.org/0000-0002-1957-5897'}, 'institutions': [], 'countries': [], 'is_corresponding': False, 'raw_author_name': 'Brian Boscaljon', 'raw_affiliation_strings': [], 'affiliations': []}, {'author_position': 'middle', 'author': {'id': 'https://openalex.org/A5029475044', 'display_name': 'Greg Filbeck', 'orcid': 'https://orcid.org/0000-0001-7507-7107'}, 'institutions': [], 'countries': [], 'is_corresponding': False, 'raw_author_name': 'Greg Filbeck', 'raw_affiliation_strings': [], 'affiliations': []}, {'author_position': 'last', 'author': {'id': 'https://openalex.org/A5101664517', 'display_name': 'Xin Zhao', 'orcid': 'https://orcid.org/0000-0003-0604-9641'}, 'institutions': [], 'countries': [], 'is_corresponding': False, 'raw_author_name': 'Xin Zhao', 'raw_affiliation_strings': [], 'affiliations': []}], 'institution_assertions': [], 'countries_distinct_count': 0, 'institutions_distinct_count': 0, 'corresponding_author_ids': [], 'corresponding_institution_ids': [], 'apc_list': None, 'apc_paid': None, 'fwci': 0.0, 'has_fulltext': False, 'cited_by_count': 15, 'citation_normalized_percentile': {'value': 0.839227, 'is_in_top_1_percent': False, 'is_in_top_10_percent': False}, 'cited_by_percentile_year': {'min': 88, 'max': 89}, 'biblio': {'volume': '20', 'issue': '1', 'first_page': '35', 'last_page': None}, 'is_retracted': False, 'is_paratext': False, 'primary_topic': {'id': 'https://openalex.org/T10047', 'display_name': 'Asset Pricing and Market Efficiency', 'score': 0.9931, 'subfield': {'id': 'https://openalex.org/subfields/2003', 'display_name': 'Finance'}, 'field': {'id': 'https://openalex.org/fields/20', 'display_name': 'Economics, Econometrics and Finance'}, 'domain': {'id': 'https://openalex.org/domains/2', 'display_name': 'Social Sciences'}}, 'topics': [{'id': 'https://openalex.org/T10047', 'display_name': 'Asset Pricing and Market Efficiency', 'score': 0.9931, 'subfield': {'id': 'https://openalex.org/subfields/2003', 'display_name': 'Finance'}, 'field': {'id': 'https://openalex.org/fields/20', 'display_name': 'Economics, Econometrics and Finance'}, 'domain': {'id': 'https://openalex.org/domains/2', 'display_name': 'Social Sciences'}}, {'id': 'https://openalex.org/T12675', 'display_name': 'Value-based Management and Economic Performance Measurement', 'score': 0.9729, 'subfield': {'id': 'https://openalex.org/subfields/1408', 'display_name': 'Strategy and Management'}, 'field': {'id': 'https://openalex.org/fields/14', 'display_name': 'Business, Management and Accounting'}, 'domain': {'id': 'https://openalex.org/domains/2', 'display_name': 'Social Sciences'}}, {'id': 'https://openalex.org/T10517', 'display_name': 'Importance of Financial Literacy and Retirement Planning', 'score': 0.9722, 'subfield': {'id': 'https://openalex.org/subfields/1402', 'display_name': 'Accounting'}, 'field': {'id': 'https://openalex.org/fields/14', 'display_name': 'Business, Management and Accounting'}, 'domain': {'id': 'https://openalex.org/domains/2', 'display_name': 'Social Sciences'}}], 'keywords': [{'id': 'https://openalex.org/keywords/cash-flow-valuation', 'display_name': 'Cash Flow Valuation', 'score': 0.519966}, {'id': 'https://openalex.org/keywords/market-portfolio', 'display_name': 'Market portfolio', 'score': 0.51493603}, {'id': 'https://openalex.org/keywords/stock-returns', 'display_name': 'Stock Returns', 'score': 0.506119}, {'id': 'https://openalex.org/keywords/asset-pricing', 'display_name': 'Asset Pricing', 'score': 0.50305}, {'id': 'https://openalex.org/keywords/equity', 'display_name': 'Equity (law)', 'score': 0.47139317}, {'id': 'https://openalex.org/keywords/market-timing', 'display_name': 'Market timing', 'score': 0.44126478}], 'concepts': [{'id': 'https://openalex.org/C91602232', 'wikidata': 'https://www.wikidata.org/wiki/Q756115', 'display_name': 'Volatility (finance)', 'level': 2, 'score': 0.6413467}, {'id': 'https://openalex.org/C162324750', 'wikidata': 'https://www.wikidata.org/wiki/Q8134', 'display_name': 'Economics', 'level': 0, 'score': 0.600303}, {'id': 'https://openalex.org/C106159729', 'wikidata': 'https://www.wikidata.org/wiki/Q2294553', 'display_name': 'Financial economics', 'level': 1, 'score': 0.57510334}, {'id': 'https://openalex.org/C2777302077', 'wikidata': 'https://www.wikidata.org/wiki/Q1321921', 'display_name': 'Market portfolio', 'level': 3, 'score': 0.51493603}, {'id': 'https://openalex.org/C2780821815', 'wikidata': 'https://www.wikidata.org/wiki/Q5340806', 'display_name': 'Portfolio', 'level': 2, 'score': 0.5025532}, {'id': 'https://openalex.org/C139819358', 'wikidata': 'https://www.wikidata.org/wiki/Q462748', 'display_name': 'Asset allocation', 'level': 3, 'score': 0.4818193}, {'id': 'https://openalex.org/C199728807', 'wikidata': 'https://www.wikidata.org/wiki/Q2578557', 'display_name': 'Equity (law)', 'level': 2, 'score': 0.47139317}, {'id': 'https://openalex.org/C118315980', 'wikidata': 'https://www.wikidata.org/wiki/Q375350', 'display_name': 'Market timing', 'level': 3, 'score': 0.44126478}, {'id': 'https://openalex.org/C556758197', 'wikidata': 'https://www.wikidata.org/wiki/Q580018', 'display_name': 'Monetary economics', 'level': 1, 'score': 0.33085263}, {'id': 'https://openalex.org/C17744445', 'wikidata': 'https://www.wikidata.org/wiki/Q36442', 'display_name': 'Political science', 'level': 0, 'score': 0.0}, {'id': 'https://openalex.org/C199539241', 'wikidata': 'https://www.wikidata.org/wiki/Q7748', 'display_name': 'Law', 'level': 1, 'score': 0.0}], 'mesh': [], 'locations_count': 1, 'locations': [{'is_oa': False, 'landing_page_url': 'https://www.questia.com/library/journal/1P3-2416817321/market-timing-using-the-vix-for-style-rotation', 'pdf_url': None, 'source': {'id': 'https://openalex.org/S102700472', 'display_name': 'Financial Services Review', 'issn_l': '1057-0810', 'issn': ['1057-0810', '1873-5673'], 'is_oa': False, 'is_in_doaj': False, 'is_core': True, 'host_organization': 'https://openalex.org/P4310320990', 'host_organization_name': 'Elsevier BV', 'host_organization_lineage': ['https://openalex.org/P4310320990'], 'host_organization_lineage_names': ['Elsevier BV'], 'type': 'journal'}, 'license': None, 'license_id': None, 'version': None, 'is_accepted': False, 'is_published': False}], 'best_oa_location': None, 'sustainable_development_goals': [], 'grants': [], 'datasets': [], 'versions': [], 'referenced_works_count': 0, 'referenced_works': [], 'related_works': ['https://openalex.org/W97723844', 'https://openalex.org/W780122882', 'https://openalex.org/W42269124', 'https://openalex.org/W322441451', 'https://openalex.org/W3125466506', 'https://openalex.org/W3124490284', 'https://openalex.org/W3004754335', 'https://openalex.org/W2975822902', 'https://openalex.org/W2809959485', 'https://openalex.org/W2753387525', 'https://openalex.org/W2186774788', 'https://openalex.org/W2180698065', 'https://openalex.org/W2158386914', 'https://openalex.org/W2146587342', 'https://openalex.org/W2142346037', 'https://openalex.org/W2081315524', 'https://openalex.org/W2045585077', 'https://openalex.org/W1832485711', 'https://openalex.org/W1509749683', 'https://openalex.org/W1487048999'], 'abstract_inverted_index': {'Abstract': [0], 'We': [1, 51, 399], 'examine': [2], 'the': [3, 6, 13, 48, 68, 77, 122, 146, 153, 159, 213, 252, 269, 315, 368, 412, 426, 457, 467, 476, 481, 486, 492, 567], 'effectiveness': [4], 'of': [5, 27, 34, 40, 79, 90, 128, 148, 162, 177, 224, 254, 258, 272, 287, 304, 371, 378, 386, 437, 472, 478, 553, 559, 587], 'market': [7, 178, 182, 240, 278, 397, 414, 417, 473], 'volatility': [8, 161, 183, 250, 279, 299, 418, 439, 513], 'index': [9, 419, 421, 459, 497, 516], '(VIX)': [10], 'provided': [11], 'by': [12, 109, 346, 425], 'Chicago': [14, 69, 427], 'Board': [15, 70, 428], 'Options': [16, 71, 429], 'Exchange': [17, 72, 430], 'in': [18, 47, 121, 158, 170, 220, 261, 268, 355, 392, 432, 480, 511, 544, 566], 'timing': [19], 'shifts': [20], 'for': [21, 86, 96, 187, 295, 501], 'style': [22, 332, 389, 534], 'asset': [23, 193, 234, 262], 'allocation.': [24], 'The': [25, 383, 416, 451, 570], 'findings': [26, 58], 'Copeland': [28, 30, 504, 506], 'and': [29, 115, 142, 167, 189, 208, 243, 338, 443, 448, 494, 505, 538], '(1999)': [31, 507], 'suggest': [32], 'portfolios': [33, 39, 112, 282, 540, 552, 558], 'value': [35, 114, 379, 408, 539, 554, 580], 'stocks': [36, 42, 117, 555, 561, 582], 'outperform': [37, 556], '(underperform)': [38, 557], 'growth': [41, 116, 406, 537, 560], 'following': [43, 562], 'an': [44, 305, 470, 563], 'increase': [45, 155, 308, 564], '(decrease)': [46, 565], 'VIX': [49, 74, 123, 135, 458, 468, 488], 'index.': [463], 'find': [52, 508, 526, 551], 'some': [53], 'evidence': [54], 'supporting': [55], 'their': [56, 111, 281, 329], 'initial': [57], 'using': [59], 'data': [60], 'from': [61, 405], '1990': [62], 'to': [63, 104, 174, 206, 238, 277, 307, 323, 349, 365, 395, 456, 579], '2008': [64], 'that': [65, 215, 248, 466, 509, 527, 576], 'corresponds': [66], 'with': [67, 204, 236, 298, 583], 'new': [73], 'measurement.': [75], 'However,': [76, 227], 'results': [78, 574], 'this': [80], 'study': [81], 'are': [82, 274, 362], 'only': [83], 'statistically': [84], 'significant': [85, 107, 154], 'longer': [87, 97], 'holding': [88, 98], 'periods': [89, 99], '30': [91], 'days': [92], 'or': [93, 267, 310, 380], 'more.': [94], 'Thus,': [95, 359], 'individuals': [100, 372], 'may': [101, 217, 283, 300, 390], 'be': [102, 301, 531], 'able': [103], 'gain': [105], 'economically': [106], 'returns': [108, 529], 'rebalancing': [110], 'between': [113, 536], 'based': [118, 334, 410, 440, 490, 541], 'on': [119, 152, 335, 411, 441, 491, 514, 542], 'changes': [120, 510, 543], '©': [125], '2011': [126], 'Academy': [127], 'Financial': [129], 'Services.': [130], 'All': [131], 'rights': [132], 'reserved.': [133], 'Keywords:': [134], 'Asset': [136], 'allocation': [137, 194, 235], 'rebalance': [138], '1.': [139], 'Introduction': [140], 'Irvin': [141], 'Pontiff': [143], '(2009)': [144], 'document': [145], 'impact': [147], 'increased': [149, 181, 225, 249, 396, 584], 'economy-wide': [150], 'competition': [151], 'over': [156], 'time': [157], 'idiosyncratic': [160], 'firm-level': [163], 'earnings,': [164], 'cash': [165], 'flows,': [166], 'sales,': [168], 'which': [169, 318], 'turn,': [171], 'has': [172], 'lead': [173], 'higher': [175], 'levels': [176, 586], 'volatility.': [179, 241, 398, 415], 'This': [180, 464], 'is': [184, 229, 341, 469, 575], 'a': [185, 285, 320, 342, 375, 435, 461, 499, 520], 'concern': [186], 'investors': [188, 216, 402, 577], 'financial': [190, 324, 347, 452], 'planners.': [191], 'Traditional': [192], 'models': [195], 'built': [196], 'around': [197], 'modern': [198], 'portfolio': [199, 202, 528], 'theory': [200], 'address': [201], 'efficiency': [203], 'respect': [205, 237], 'risk': [207, 256], 'return.': [209], 'Market': [210], 'turbulence': [211], 'increases': [212, 251, 260], 'likelihood': [214], 'forgo': [218], 'investments': [219], 'equity': [221], 'securities,': [222], 'because': [223, 257, 303], 'risk.': [226], 'there': [228], 'limited': [230], 'empirical': [231], 'research': [232], 'investigating': [233], 'heightened': [239], 'Jacquier': [242], 'Marcus': [244], '(2001)': [245], 'point': [246], 'out': [247], 'importance': [253], 'systematic': [255], 'associated': [259, 297], 'correlations.': [263], 'Investors': [264], 'nearing': [265], 'retirement': [266, 273, 316], 'early': [270], 'years': [271], 'more': [275], 'sensitive': [276], 'as': [280, 326, 434, 460, 498, 519], 'represent': [284], 'means': [286], 'maintaining': [288], 'sustainable': [289], 'income': [290], 'during': [291, 314], 'retirement.': [292], 'Making': [293], 'up': [294], 'losses': [296], 'difficult': [302], 'inability': [306], 'savings': [309], 'reduce': [311], 'living': [312], 'expenses': [313], 'years,': [317], 'presents': [319], 'special': [321], 'challenge': [322], 'planners': [325], 'they': [327, 525], 'advise': [328], 'clients.': [330], 'Equity': [331], 'management': [333], 'value,': [336], 'growth,': [337], 'blended': [339], 'assets': [340], 'common': [343], 'approach': [344], 'used': [345], 'advisors': [348], 'help': [350, 366], 'achieve': [351], "individuals'": [352], 'objectives': [353], 'outlined': [354], 'investment': [356, 388], 'policy': [357], 'statements.': [358], 'mutual': [360], 'funds': [361], 'often': [363, 454], 'designed': [364], 'meet': [367], 'specific': [369, 376], 'needs': [370], 'who': [373], 'desire': [374], 'mix': [377], 'growtii': [381], 'investments.': [382], 'unique': [384], 'properties': [385], 'each': [387], 'result': [391], 'different': [393], 'reactions': [394], 'investigate': [400], 'whether': [401], 'can': [403, 530], 'benefit': [404], 'versus': [407], 'investing': [409], 'implied': [413, 438, 502, 512], '(VLX)': [420], 'was': [422], 'first': [423], 'introduced': [424], '(CBOE)': [431], '1993': [433], 'measurement': [436, 489], 'Standard': [442, 493], "Poor's": [444, 495], 'S&P': [445], '100': [446, 496], 'call': [447], 'put': [449], 'options.': [450], 'media': [453], 'refer': [455], 'fear': [462], 'suggests': [465], 'indicator': [471], 'sentiment': [474], 'regarding': [475], 'level': [477], 'uncertainty': [479], 'U.S.': [482], 'equities': [483], 'market.': [484], 'Using': [485], 'old': [487], 'proxy': [500], 'volatility,': [503], 'stock': [515], 'futures': [517], 'serve': [518], 'market-timing': [521], 'signal.': [522], 'In': [523, 548], 'particular,': [524, 549], 'enhanced': [532], 'through': [533], 'rotation': [535], 'me': [545], 'VLX': [546, 568], 'tiiey': [550], 'premise': [571], 'behind': [572], 'mese': [573], 'switch': [578], '(growth)': [581], '(decreased)': [585], 'uncertainty.': [588], '…': [589]}, 'cited_by_api_url': 'https://api.openalex.org/works?filter=cites:W28153781', 'counts_by_year': [{'year': 2023, 'cited_by_count': 2}, {'year': 2022, 'cited_by_count': 1}, {'year': 2021, 'cited_by_count': 1}, {'year': 2019, 'cited_by_count': 1}, {'year': 2018, 'cited_by_count': 1}, {'year': 2017, 'cited_by_count': 3}, {'year': 2016, 'cited_by_count': 1}, {'year': 2015, 'cited_by_count': 3}, {'year': 2014, 'cited_by_count': 2}], 'updated_date': '2024-09-19T14:16:09.723933', 'created_date': '2016-06-24'}