Berkshire technical analysis

Use Berkshire Hathaway Inc technical analysis together with your stock portfolios to protect against small markets fluctuations and to determine Stock optimization strategy that fits your criteria.  Suggest Portfolio

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

Berkshire Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Berkshire Hathaway Inc applied against its price change over selected period. The best fit line has a slop of 0.37 % which means Berkshire Hathaway Inc will continue generating value for investors. It has 44 observation points and regression sum of squers of 237.41 which is sum of squared deviations of the predicted Berkshire price change against its avarage change. Berkshire has a best fit line with a correlation coefficient of 0.93. and coefficient of determination of 0.86. Note, that the company had not issued any dividends in recent years.