Use this graph to draw trend lines for HIGHLANDS PACIFIC. You can use it to identify possible trend reversals for HIGHLANDS 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 HIGHLANDS price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
HIGHLANDS Best Fit Change Line
The following chart estimates an ordinary least squares regression model for HIGHLANDS PACIFIC applied against its price change over selected period. The best fit line has a slop of 0.0004 %
which may suggest that HIGHLANDS PACIFIC market price will keep on failing further. It has 42 observation points and regression sum of squers of 0.0 which is sum of squared deviations of the predicted HIGHLANDS price change against its avarage change.
|Price Growth (%) |
|Prediction Trend || ||HIGHLANDS || |
HIGHLANDS has a best fit line with a correlation coefficient of -0.68. and coefficient of determination of 0.46. Note, that the company had not issued any dividends in recent years.