Navitas Semiconductor Corp

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Semiconductors & Semiconductor Equipment domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Navitas Semiconductor Corp is 2.21, ranking 91 out of 105 in the Semiconductors & Semiconductor Equipment industry. The company's beta value is 3.76. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.