|Investment Horizon||30 Days Login to change|
CAC 40 Trend AnalysisUse this graph to draw trend lines for CAC 40. You can use it to identify possible trend reversals for CAC 40 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 CAC 40 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
CAC 40 Best Fit Change LineThe following chart estimates an ordinary least squares regression model for CAC 40 applied against its price change over selected period. The best fit line has a slop of 15.08 % which may suggest that CAC 40 market price will keep on failing further. It has 34 observation points and a regression sum of squares at 185519.59, which is the sum of squared deviations for the predicted CAC 40 price change compared to its average price change.
CAC 40 cannot be rated in Mean Deviation category at this point. It cannot be rated in Standard Deviation category at this point. creating about 1.37 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for CAC 40 is roughly 1.37