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The VIX is a real-time market index representing the market's expectations for volatility over the coming 30 days, based on the S&P 500 index. Investors use the VIX to measure the level of risk, fear, or stress in the market when making investment decisions. When the VIX is high, volatility is high, which is usually accompanied by market fear.

Please note that financial analyses and ratios should not be looked at in isolation when making investing decisions.