MerVal quote and profile

MerVal global risk-return landscape

MerVal Price Prediction

Use this graph to draw trend lines for MerVal. You can use it to identify possible trend reversals for MerVal 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 MerVal price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

MerVal Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MerVal applied against its price change over selected period. The best fit line has a slop of 20.95 % which may suggest that MerVal market price will keep on failing further. It has 42 observation points and regression sum of squers of 676120.2 which is sum of squared deviations of the predicted MerVal price change against its avarage change. MerVal has a best fit line with a correlation coefficient of -0.91. and coefficient of determination of 0.83. Note, that the company had not issued any dividends in recent years.

MerVal price boundaries

NIKKEI		1.25 %
ATHEN		1.16 %
NYSE		0.66 %
ATX		0.63 %
ISEQ		0.33 %
TA 100		0.05 %
RTSI		0.00 %
Bursa		0.05 %
OMX CO		0.17 %
Strait		0.42 %
NZSE		0.47 %
Hang		1.16 %
MerVal		1.69 %