Use this graph to draw trend lines for Assurant Inc. You can use it to identify possible trend reversals for Assurant 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 Assurant price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Assurant Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Assurant Inc applied against its price change over selected period. The best fit line has a slop of 0.13 %
which may imply that Assurant Inc will maintain its good market sentiment and make money for investors. It has 40 observation points and regression sum of squers of 21.26 which is sum of squared deviations of the predicted Assurant price change against its avarage change.
|Price Growth (%) |
|Prediction Trend || ||Assurant || |
Assurant has a best fit line with a correlation coefficient of 0.82. and coefficient of determination of 0.67. Note, that about 97.0%
of the company shares are held by institutions