The Nikkei Volatility Index (an index that reflects how investors anticipate future market volatility) decreased by 0.59 (a decrease of 2.05%) to 28.13 on the 10th. The highest point was 29.15, and the lowest point was 27.32. Following the rise of major indices in the US stock market yesterday, the Tokyo market opened with buying pressure, causing the Nikkei 225 futures to rise and the Nikkei VI to decline. After the start of trading, the Nikkei 225 futures experienced some resistance at higher levels, but support at lower levels remained strong, easing concerns about increased volatility in the market. The Nikkei VI generally trended below yesterday's levels.

What is the Nikkei Average VI?

The Nikkei Average VI is a numerical value that represents the magnitude of volatility (volatility) of the Nikkei Average stock price that the market expects over the next month. It has the characteristic of rising sharply when the Nikkei Average stock price sharply drops, and usually has a weak inverse correlation with the Nikkei Average stock price. On the other hand, it also has the characteristic of returning to a certain range (around 20 to 30) after a sharp rise in value.