Innovation Pharmaceuticals Inc (IPIX): A few websites list CTIX as having a neg...

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Innovation Pharmaceuticals Inc (IPIX)

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Re: cabel post# 58171

Monday, 04/07/2014 11:12:30 AM

Monday, April 07, 2014 11:12:30 AM

A few websites list CTIX as having a negative Beta; which I'm not sure is truth or not, but if so would indicate that it trades opposite the market. A quick comparison of the charts of CTIX and the S&P does seem to show this correlation, meaning if the market is up- CTIX tends to trend down. (Just some food for thought.)

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