Lytix Biopharma (Norway) Statistic Functions Beta
| LYTIX Stock | 9.00 0.20 2.17% |
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The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Lytix Biopharma AS correlated with the market. If Beta is less than 0 Lytix Biopharma generally moves in the opposite direction as compared to the market. If Lytix Biopharma Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lytix Biopharma AS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lytix Biopharma is generally in the same direction as the market. If Beta > 1 Lytix Biopharma moves generally in the same direction as, but more than the movement of the benchmark.
Lytix Biopharma Technical Analysis Modules
Most technical analysis of Lytix Biopharma help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Lytix from various momentum indicators to cycle indicators. When you analyze Lytix charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lytix Biopharma in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lytix Biopharma's short interest history, or implied volatility extrapolated from Lytix Biopharma options trading.
Trending Themes
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