Nykode Therapeutics (Norway) Statistic Functions Beta
| NYKD Stock | 2.68 0.01 0.37% |
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The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Nykode Therapeutics ASA correlated with the market. If Beta is less than 0 Nykode Therapeutics generally moves in the opposite direction as compared to the market. If Nykode Therapeutics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nykode Therapeutics ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nykode Therapeutics is generally in the same direction as the market. If Beta > 1 Nykode Therapeutics moves generally in the same direction as, but more than the movement of the benchmark.
Nykode Therapeutics Technical Analysis Modules
Most technical analysis of Nykode Therapeutics 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 Nykode from various momentum indicators to cycle indicators. When you analyze Nykode 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 Nykode Therapeutics 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, Nykode Therapeutics' short interest history, or implied volatility extrapolated from Nykode Therapeutics options trading.
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