The calculation formula of VIX from thepaper at NSE websiteis shown below. But VIX is easier to use it than to understand the formula. India VIX formula Correlation of India VIX & Nifty India VIX represents the fear or risk factor in the stock market.Therefore, an increase in India VIX ...
Figure 6.Average returns of Indian fintech companies (authors calculation based on BSE stock prices). 4. Results The application of the augmented Dickey–Fuller test to the data of the average return of the fintech industry in India is shown inTable 1. ...