GMO Foreign technical analysis

Use GMO Foreign III 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 GMO Foreign III. You can use it to identify possible trend reversals for GMO Foreign 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 GMO Foreign price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

GMO Foreign Best Fit Change Line

The following chart estimates an ordinary least squares regression model for GMO Foreign III applied against its price change over selected period. The best fit line has a slop of 0.02 % which means GMO Foreign III will continue generating value for investors. It has 44 observation points and regression sum of squers of 0.54 which is sum of squared deviations of the predicted GMO Foreign price change against its avarage change. GMO Foreign has a best fit line with a correlation coefficient of 0.66. and coefficient of determination of 0.44. Note, that the company has price-to-book (p/b) ratio of 1.07.