Use this graph to draw trend lines for Century Aluminum Co. You can use it to identify possible trend reversals for Century 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 Century price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Century Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Century Aluminum Co applied against its price change over selected period. The best fit line has a slop of 0.12 %
which means Century Aluminum Co will continue generating value for investors. It has 44 observation points and regression sum of squers of 27.03 which is sum of squared deviations of the predicted Century price change against its avarage change.
Century has a best fit line with a correlation coefficient of 0.89. and coefficient of determination of 0.78. Note, that about 42.0%
of the company shares are held by company insiders