Use this graph to draw trend lines for Hang Seng. You can use it to identify possible trend reversals for Hang 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 Hang price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
The following chart estimates an ordinary least squares regression model for Hang Seng applied against its price change over selected period. The best fit line has a slop of 25.68 % which means Hang Seng will continue producing value for investors. It has 44 observation points and regression sum of squers of 1167748.19 which is sum of squared deviations of the predicted Hang price change against its avarage change.
Hang has a best fit line with a correlation coefficient of 0.55. and coefficient of determination of 0.3. Note, that the company had not issued any dividends in recent years.
Based on monthly moving average Hang is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hang by adding it to a well-diversified portfolio.
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which means Hang Seng will continue producing value for investors. It has 44 observation points and regression sum of squers of 1167748.19 which is sum of squared deviations of the predicted Hang price change against its avarage change.
-0.06% 
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