The market’s big, coronavirus-inspired drop caused volatility to skyrocket, which makes sense because the two go hand in hand. And, no surprise, so-called high-beta stocks—the ones that are more volatile than the overall market—took an even bigger hit. But now that the Vix has been cut nearly in half, it may be time to start looking at some of those high-beta names.
Don’t call me crazy. Yes, high-beta—a market measure of volatility relative to an index—can be a signal that there’s something that makes the stock more risky... Subscribe or Sign In to continue reading.
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