Use Fidelity National Information Services Inc 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 Fidelity National Information Services Inc. You can use it to identify possible trend reversals for Fidelity 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 Fidelity price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Fidelity Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Fidelity National Information Services Inc applied against its price change over selected period. The best fit line has a slop of 0.24 %
which may imply that Fidelity National Information Services Inc will maintain its good market sentiment and make money for investors. It has 44 observation points and regression sum of squers of 97.86 which is sum of squared deviations of the predicted Fidelity price change against its avarage change.
|Price Growth (%) |
|Fidelity || ||Prediction Trend || |
Fidelity has a best fit line with a correlation coefficient of 0.98. and coefficient of determination of 0.96. Note, that about 73.0%
of the company shares are owned by institutional investors