Bovespa quote and profile

Bovespa global risk-return landscape

Bovespa Price Prediction

Use 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 Line

The 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 12.31 % which means Bovespa will continue producing value for investors. It has 38 observation points and regression sum of squers of 172765.93 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 0.13. and coefficient of determination of 0.02. Note, that the company had not issued any dividends in recent years.

Bovespa price boundaries

Hang		1.73 %
ATHEN		1.62 %
NIKKEI		1.47 %
ISEQ		1.24 %
RTSI		0.96 %
NYSE		0.92 %
Bovesp		0.72 %
Bursa		0.57 %
TA 100		0.56 %
BSE		0.45 %
Strait		0.20 %
ATX		0.20 %
NZSE		0.02 %