|Indofood CBP Sukses Makmur Tbk -- Indonesia Stock|| |
IDR 8,725 75 0.85%
Indofood CBP Sukses Trend Analysis
Use this graph to draw trend lines for Indofood CBP Sukses Makmur Tbk. You can use it to identify possible trend reversals for Indofood CBP 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 Indofood CBP price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Indofood CBP Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Indofood CBP Sukses Makmur Tbk applied against its price change over selected period. The best fit line has a slop of 8.7 %
which means Indofood CBP Sukses Makmur Tbk will continue producing value for investors. It has 34 observation points and a regression sum of squares at 61776.96, which is the sum of squared deviations for the predicted Indofood CBP price change compared to its average price change.