Olema Pharmaceuticals Stock Statistic Functions Beta

OLMA Stock  USD 14.08  -0.88  -5.88%   
The statistic functions framework organizes Beta function across Olema Pharmaceuticals. The information is shown as reference data. Select Time Period to run the technical study.

This analysis covers thirty-seven data points across the selected time horizon. The Beta measures systematic risk based on how returns on Olema Pharmaceuticals correlated with the market. If Beta is less than 0 Olema Pharmaceuticals generally moves in the opposite direction as compared to the market. If Olema Pharmaceuticals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Olema Pharmaceuticals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Olema Pharmaceuticals is generally in the same direction as the market. If Beta > 1 Olema Pharmaceuticals moves generally in the same direction as, but more than the movement of the benchmark.

Olema Pharmaceuticals Technical Analysis Modules

Applying technical analysis to Olema Pharmaceuticals involves studying indicator readings across multiple timeframes to gauge trend persistence and turning points. Divergences between price action and indicator readings often precede meaningful reversals or acceleration.

Methodology, Assumptions & Data Sources

A multi-year look at Olema Pharmaceuticals's Statistic Functions is shown below. A strong fit to a straight line suggests the trend is dependable.

Data shown for Olema Pharmaceuticals is aggregated from periodic company reporting and market reference feeds and normalized across reporting formats. Source publication cadence can introduce delays.

This content is curated and reviewed by:

Rifka Kats - Member of Macroaxis Editorial Board
Last reviewed on March 12th, 2026