Milan Index FTSEMIB FTSE MIB
17804.87Year To Date Last 1 Month(s) Trading Day Set FTSEMIB As Benchmark All Benchmarks
FTSE Price PredictionUse this graph to draw trend lines for FTSE MIB. You can use it to identify possible trend reversals for FTSE 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 FTSE price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
FTSE Best Fit Change LineThe following chart estimates an ordinary least squares regression model for FTSE MIB applied against its price change over selected period. The best fit line has a slop of 36.24 % which may suggest that FTSE MIB market price will keep on failing further. It has 22 observation points and regression sum of squers of 288876.29 which is sum of squared deviations of the predicted FTSE price change against its avarage change. FTSE has a best fit line with a correlation coefficient of -0.49. and coefficient of determination of 0.24. Note, that the company had not issued any dividends in recent years.
FTSE price boundaries
Estimated Market Risk
FTSE MIB against other indexes