Use 1st Constitution Bancorp technical analysis concurrently with your other holdings, portfolios, and investing themes to protect against small markets fluctuations and to back test it against optimization strategy that fits your risk preferences. Analyze Themes
Use this graph to draw trend lines for 1st Constitution Bancorp. You can use it to identify possible trend reversals for 1st Constitu 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 1st Constitu price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
1st Constitu Best Fit Change Line
The following chart estimates an ordinary least squares regression model for 1st Constitution Bancorp applied against its price change over selected period. The best fit line has a slop of 0.02 %
which means 1st Constitution Bancorp will continue generating value for investors. It has 36 observation points and regression sum of squers of 0.43 which is sum of squared deviations of the predicted 1st Constitu price change against its avarage change.
|Price Growth (%) |
|Prediction Trend || ||1st Constitu || |
1st Constitu has a best fit line with a correlation coefficient of 0.7. and coefficient of determination of 0.5. Note, that about 27.0%
of the company shares are held by company insiders