Analysis last updated: Saturday, April 27, 2024 at 03:41 AM UTC
COVOL data for
COVOL Loadings
| Country | Loading | VW Loading |
|---|---|---|
| Princ Comp #1 | 0.2527 | 0.4361 |
| MSCI ACWI | 0.2404 | 0.3594 |
| France | 0.2109 | 0.5344 |
| Kuwait | 0.1985 | 0.1612 |
| Spain | 0.1901 | 0.5600 |
| Italy | 0.1876 | 0.5634 |
| Germany | 0.1856 | 0.4905 |
| Egypt | 0.1786 | 0.5739 |
| Netherlands | 0.1767 | 0.4339 |
| Belgium | 0.1736 | 0.3955 |
| Malaysia | 0.1672 | 0.2903 |
| Thailand | 0.1567 | 0.4459 |
| Austria | 0.1485 | 0.4250 |
| Taiwan | 0.1466 | 0.4792 |
| Finland | 0.1439 | 0.2460 |
| Nigeria | 0.1359 | 0.4323 |
| Chile | 0.1354 | 0.4083 |
| South Korea | 0.1354 | 0.5716 |
| China | 0.1346 | 0.3637 |
| Indonesia | 0.1335 | 0.3964 |
Top COVOL Events (new events in boldface)
| Date | COVOL | Event | |
|---|---|---|---|
| 1 | Mar 9, 2020 | 55.83 | COVID - All of Italy is locked down, Saudi Arabia / Russia oil price war |
| 2 | Jun 24, 2016 | 50.92 | Brexit |
| 3 | Dec 13, 2022 | 34.15 | Cooling inflation data points to less aggressive monetary policy stances by central banks |
| 4 | Sep 17, 2001 | 33.77 | Market reopens after Sept 11th |
| 5 | Feb 27, 2007 | 30.00 | Rumors of a Chinese crackdown on market speculation, Alan Greenspan warns of possible impending recession, Dick Cheney assassination attempt, Drop in durable goods orders |
| 6 | Mar 12, 2020 | 23.40 | COVID - Day after Trump address -- blocks visitors coming in from Europe |
| 7 | Aug 24, 2015 | 23.09 | Flash Crash, Chinese Black Monday |
| 8 | Apr 24, 2017 | 22.36 | Syrian sanctions |
| 9 | Nov 9, 2016 | 18.15 | Donald Trump elected president of the United States |
| 10 | Aug 5, 2011 | 18.14 | Rumors of US credit rating downgrade |
| 11 | Apr 9, 2018 | 17.10 | North Korea open to denuclearization, Missles hit Syrian air base |
| 12 | May 18, 2017 | 16.87 | Justice dept appoints Robert Mueller to head Russia investigation |
| 13 | Nov 9, 2020 | 16.33 | COVID - Pfizer early trial data suggests vaccine is 90% effective; Oil soars 8% on promising COVID-19 vaccine results; Joe Biden elected president of the United States |
| 14 | Oct 13, 2008 | 16.22 | Global Financial Crisis - Relief rally from details of bailout package, European bailout packages, and Federal Reserve actions |
| 15 | Oct 9, 2023 | 15.98 | Hamas attacks Israel |
| 16 | Jan 3, 2001 | 15.96 | Fed surprise 50 bps interest rate cut |
| 17 | Mar 12, 2001 | 15.80 | Multiple tech stocks cut revenue guidance - Nasdaq slides below 2,000 for the first time in nearly 27 months |
| 18 | Dec 17, 2014 | 15.54 | Peshawar Pakistan school attacks, US/Cuba re-establish diplomatic relations |
| 19 | Oct 10, 2008 | 15.22 | Global Financial Crisis - Global stock market crash |
| 20 | Jul 23, 2002 | 15.01 | Isreali/Palestinian Tension, Stock Market Crash |