Sao Paolo Index BVSP Bovespa
50020.55Year To Date Last 1 Month(s) Trading Day Set BVSP As Benchmark All Benchmarks
Bovespa Price PredictionUse this graph to draw trend lines for Bovespa. You can use it to identify possible trend reversals for Bovespa 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 Bovespa price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Bovespa Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Bovespa applied against its price change over selected period. The best fit line has a slop of 148.98 % which may suggest that Bovespa market price will keep on failing further. It has 40 observation points and regression sum of squers of 2.952077436E7 which is sum of squared deviations of the predicted Bovespa price change against its avarage change. Bovespa has a best fit line with a correlation coefficient of -0.78. and coefficient of determination of 0.61. Note, that the company had not issued any dividends in recent years.
Bovespa price boundaries
Estimated Market Risk
Bovespa against other indexes