Volatility has sign in back with a vengeance, but there are some of the stocks that won’t surface a consider your stomach while the rest of Wall Street is on a roller coaster.
CNBC ran a haunt using analytics tool Kensho to find Dow Jones industrial usually stocks that held up the best when the Cboe Volatility typography hand, or VIX, pops more than 5 percent in one day. Theoretically, these likely inclination be the stocks that would hold up the best when the market reps off and volatility spikes.
The analysis showed that Walmart, Procter & Make a wager and Coca-Cola fall less than 0.75 percent in those exemplifications of VIX spike days.
Other stocks that hold up nicely during a volatility breaker include Johnson & Johnson and McDonald’s. Both stocks average a repetition of negative 0.77 percent when the VIX jumps more than 5 percent in one seating.
Worries of rising inflation have sent interest rates ear-splitting recently, rattling investors and giving new life to stock-market volatility. Termination week, the Dow, S&P 500 and Nasdaq composite dipped into correction domain. The 10-year note yield hit a four-year high earlier this week.
In the behind week, the Dow has fallen about 1.8 percent. Meanwhile, Walmart, Procter & Flier on and Coca-Cola are down 1.3 percent, 1.4 percent and 1.6 percent, separately, holding true to their past history of outperformance during these charged times.
To be sure, past performance is not indicative of future returns and should not in any way be the only reason to buy or sell a stock.
Disclosure: NBCUniversal, parent of CNBC, is a minority investor in Kensho.