NASDAQ Global Buyback Trend Analysis
Use this graph to draw trend lines for NASDAQ Global Buyback Achievers. You can use it to identify possible trend reversals for NASDAQ Global 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 NASDAQ Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
NASDAQ Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NASDAQ Global Buyback Achievers applied against its price change over selected period. The best fit line has a slop of 5.76 %
which means NASDAQ Global Buyback Achievers will continue producing value for investors. It has 34 observation points and a regression sum of squares at 27069.47, which is the sum of squared deviations for the predicted NASDAQ Global price change compared to its average price change.