OMXRGI (Latvia) Technical Analysis Overview

    OMXRGI -- Latvia Index  

     946.30  12.97  1.35%

    OMXRGI holds Risk Adjusted Performance of (0.06). Macroaxis technical analysis interface allows you to check available technical drivers of OMXRGI as well as the relationship between them. In other words you can use this information to find out if the index will indeed mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for OMXRGI which can be compared to its competitors. Please check OMXRGI Standard Deviation as well as the relationship between Value At Risk and Kurtosis to decide if OMXRGI is priced favorably providing market reflects its current price of 946.3 per share.
    Horizon     30 Days    Login   to change

    OMXRGI Trend Analysis

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

    OMXRGI Best Fit Change Line

    The following chart estimates an ordinary least squares regression model for OMXRGI applied against its price change over selected period. The best fit line has a slop of 0.68 % which may suggest that OMXRGI market price will keep on failing further. It has 78 observation points and a regression sum of squares at 4635.04, which is the sum of squared deviations for the predicted OMXRGI price change compared to its average price change.

    Current Sentiment - OMXRGI

    OMXRGI Investor Sentiment

    Macroaxis traders are unemotional in their take regarding direction of OMXRGI Index. What is your perspective on investing in Latvia companies? Are you bullish or bearish on OMXRGI?
    50% Bullish
    50% Bearish

    OMXRGI Market Strength

    OMXRGI December 11, 2018 Daily Price Condition

    See also Your Current Watchlist. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.