Use this graph to draw trend lines for Taiwan Secom Co Ltd. You can use it to identify possible trend reversals for Taiwan 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 Taiwan price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Taiwan Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Taiwan Secom Co Ltd applied against its price change over selected period. The best fit line has a slop of 0.19 %
which means Taiwan Secom Co Ltd will continue generating value for investors. It has 30 observation points and regression sum of squers of 19.69 which is sum of squared deviations of the predicted Taiwan price change against its avarage change.
Taiwan has a best fit line with a correlation coefficient of 0.69. and coefficient of determination of 0.47. Note, that the company had not issued any dividends in recent years.