TSXV Index GSPTSE Canada Composite
13280.72Year To Date Last 1 Month(s) Trading Day Set GSPTSE As Benchmark All Benchmarks
Canada Price PredictionUse this graph to draw trend lines for Canada Composite. You can use it to identify possible trend reversals for Canada 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 Canada price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Canada Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Canada Composite applied against its price change over selected period. The best fit line has a slop of 2.30 % which may suggest that Canada Composite market price will keep on failing further. It has 44 observation points and regression sum of squers of 9395.75 which is sum of squared deviations of the predicted Canada price change against its avarage change. Canada has a best fit line with a correlation coefficient of -0.21. and coefficient of determination of 0.04. Note, that the company had not issued any dividends in recent years.
Canada price boundaries
Estimated Market Risk
Canada Composite against other indexes