DAX Price Prediction
DAX Trend AnalysisUse this graph to draw trend lines for DAX. You can use it to identify possible trend reversals for DAX as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual DAX price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
DAX Best Fit Change LineThe following chart estimates an ordinary least squares regression model for DAX applied against its price change over selected period. The best fit line has a slop of 34.57 % which means DAX will continue producing value for investors. It has 44 observation points and a regression sum of squares at 2116929.58, which is the sum of squared deviations for the predicted DAX price change compared to its average price change.
DAX has a best fit line with a correlation coefficient of 0.92. and coefficient of determination of 0.84. Note, that the company had not issued any dividends in recent years.
DAX price boundaries
Estimated Market Risk
DAX against other indexes