Inderdaad, artikel geeft goed de reden weer waarom de koers zo achterblijft. Ik citeer:
However, Flow Traders is not by nature a short-term trading instrument such as VIX short-term futures (VXX), so the wild swings in its stock price are somewhat surprising. Theoretically, the price should be the reflection of the company's future performance, which includes both periods of high and low volatility. However, many market participants do not see it that way, and are quick to dismiss the stock when optimism is high in the broader market. There are several reasons for this:
- in a bull market, complacency sets in and investors become oblivious of risks, acting as if volatility were a thing of the past. A hedge like Flow Traders loses its appeal.
- similarly, traders will rather chase hot stocks than "lose their time" on contrarian plays like Flow Traders.