To showcase the securities lending volatility indicator (SLVI) as a stock market gauge, we show how changes in the SLVI forecasted a -7.21% decline in Toyota Motor Corporation (NYSE:TM) over 11 trading days in the early weeks of April 2022.
The securities lending volatility indicator is produced by Tidal Markets, in partnership with Benzinga Insights. Securities lending primarily serves the purpose of providing liquidity to short sellers. When unusual activity occurs in the securities lending markets, it acts as an upstream indicator of what is likely to occur downstream in the regular stock market.
