Have you recently purchased a stock and wondered how the price you paid compares to the average price everyone else is paying that day? VWAP (volume-weighted average price) is a useful tool that gives the average price a stock traded at during a specific time period. The theory is that if the price you paid is lower than the VWAP, you paid a lower price than the majority. The opposite is true if the price is higher than the VWAP.
TMXmoney provides daily updated VWAP for all securities and displays it on the detailed quotes page. You can also find it on TMX Powerstream.