Shanghai global risk-return landscape

Shanghai Price Prediction

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

Shanghai Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Shanghai applied against its price change over selected period. The best fit line has a slop of 11.89 % which may suggest that Shanghai market price will keep on failing further. It has 32 observation points and regression sum of squers of 96170.37 which is sum of squared deviations of the predicted Shanghai price change against its avarage change. Shanghai has a best fit line with a correlation coefficient of -0.79. and coefficient of determination of 0.63. Note, that the company had not issued any dividends in recent years.

Shanghai price boundaries

ISEQ		0.54 %
Bursa		0.59 %
TA 100		0.95 %
NZSE		1.06 %
NYSE		1.53 %
ATX		1.62 %
NIKKEI		1.74 %
Strait		2.51 %
BSE		2.74 %
Shangh		2.77 %
RTSI		2.78 %
Hang		2.88 %
ATHEN		3.04 %