Have you ever wondered if there is a way to measure the volatility of the stock market as a whole? The answer is yes. The TSX created an index just for that purpose. Let’s take a look.
The S&P TSX 60 VIX Index (VIXC) $S&P/TSX 60 VIX Index (.VIXC.CA)$
Investors can find out how volatile a particular stock is by looking at its beta. For example, Toronto-Dominion Bank $The Toronto-Dominion Bank (TD.CA)$ has a beta of only 0.71, meaning it is le...