FHAT Technical Note 067: Double-Thrust Lifecycles in 3× Inverse Semiconductor ETFs — A Crisis Analog Study (2000–2026)
Could the November 2026 SOXS surge develop into a second upward thrust like Q4 2018? This exploratory study compares the two episodes and examines four semiconductor stress regimes using actual SOXS prices and theoretical daily-reset −3× simulations based on the SOX index. The 2018 episode comprises two distinct lifecycles of 40 and 24 trading days, while a simulated 2008 episode lasts 84 days—illustrating why the previously observed 71-day SOXS maximum is not a fixed ceiling. Historical analogs provide conditional reference points rather than a predetermined forecast. Includes an English report and Chinese summary. KeywordsFHAT; SOXS; SOXL; inverse ETFs; leveraged ETFs; semiconductor sector; historical analogs; double thrust; lifecycle duration; weekly moving averages; post-peak drawdown; daily reset; financial crises; risk management
Authors
- 韩英善 (ORCID: https://orcid.org/0009-0003-8379-5004)
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2026-11-08
- DOI
- https://doi.org/10.5281/zenodo.24057097
- Primary Topic
- Financial Markets and Investment Strategies
- Type
- article
- Field-Weighted Citation Impact
- 0.00