What institutional capital is doing — and what comes next
VMSI™ decides size. Institutions decide direction.
Most firms react to headlines. Institutions respond to liquidity, positioning, and volatility structure.
The VICA Institutional Market Sentiment Index (VMSI™) measures these conditions across asset classes.
The index assigns a single score that positions capital ahead of shifts reflected in price.
Markets are analyzed in parts. VMSI measures the system.
VMSI is not predictive. It defines structure.
It measures whether positioning, liquidity, and risk distribution are strengthening or weakening beneath the surface.
The model incorporates convexity dynamics and capital flow inertia through proprietary measures, including CMX and PDCS.
VICA defines risk state, positioning conditions, and regime transitions ahead of shifts reflected in price.
The VMSI™ Framework
The VMSI Regimes
Each component is scored weekly and combined into a single 0–100 regime signal:
Why It Matters
Capital Positioning
Markets move through capital reallocation.
VMSI™ tracks institutional positioning, liquidity conditions, and volatility structure across asset classes, identifying shifts in capital movement and risk distribution ahead of shifts reflected in price.
VMSI is built for institutional capital.
Not a media indicator. It defines market structure.