Use this graph to draw trend lines for Dover Motorsports Inc. You can use it to identify possible trend reversals for Dover 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 Dover price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Dover Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Dover Motorsports Inc applied against its price change over selected period. The best fit line has a slop of 0.0009 %
which may imply that Dover Motorsports Inc will maintain its good market sentiment and make money for investors. It has 44 observation points and regression sum of squers of 0.0 which is sum of squared deviations of the predicted Dover price change against its avarage change.
Dover has a best fit line with a correlation coefficient of 0.38. and coefficient of determination of 0.15. Note, that about 16.0%
of the company shares are held by company insiders