Ivolution Research Journal · Inconclusive report
VRP -> forward equity returns
When the variance risk premium (VIX-squared minus trailing realized variance) is in its top quintile, SPX 1-3 month forward excess returns exceed the bottom-quintile baseline.
Cite as: VRP-02: VRP -> forward equity returns. Ivolution Research Journal.
Publication status
The completed study did not produce decisive evidence for or against the hypothesis. It is not citable as an edge.
The abstract and product-safe scope metadata are public. Methodology, falsification, limitations, citations, and governed results for VRP-02 are available to Terminal + AI members.
Symbols
SPX
Regimes
Aggregate · Positive gamma · pin · Positive gamma · drift · Negative gamma · trend · Negative gamma · chop · Event day
Horizons
21 sessions · 63 sessions