Use this graph to draw trend lines for The Advisory Board Company. You can use it to identify possible trend reversals for Advisory 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 Advisory price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Advisory Best Fit Change Line
The following chart estimates an ordinary least squares regression model for The Advisory Board Company applied against its price change over selected period. The best fit line has a slop of 0.09 %
which means The Advisory Board Company will continue generating value for investors. It has 44 observation points and regression sum of squers of 14.83 which is sum of squared deviations of the predicted Advisory price change against its avarage change.
|Price Growth (%) |
|Prediction Trend || ||Advisory || |
Advisory has a best fit line with a correlation coefficient of 0.38. and coefficient of determination of 0.15. Note, that about 103.0%
of the company shares are held by institutions