Use this graph to draw trend lines for AMB Financial Corp. You can use it to identify possible trend reversals for AMB Financia 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 AMB Financia price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
AMB Financia Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AMB Financial Corp applied against its price change over selected period. The best fit line has a slop of 0.73 %
which means AMB Financial Corp will continue generating value for investors. It has 12 observation points and regression sum of squers of 18.51 which is sum of squared deviations of the predicted AMB Financia price change against its avarage change.
|Price Growth (%) |
|Prediction Trend || ||AMB Financia || |
AMB Financia has a best fit line with a correlation coefficient of 0.74. and coefficient of determination of 0.55. Note, that the company has price-to-book (p/b) ratio of 0.55.