VIX Everybody buying stocks at this level of the VIX have not lived long enough to see downturns in the market. I never add to my portfolio when the VIX it at a level like it is. I am selling on strength instead.
VIX for the last 16 years, the median return for August is 7.97%. Additionally, the average return is 13.88%. Remember, the mean is susceptible to skewness. Nevertheless, from a seasonal perspective, August is a volatile month.