Guinness technical analysis

Use Guinness Atkinson Global Innovators technical analysis together with your other fund asset holdings to enhance returns of your portfolios as well as to check it against diversification policy that fits your risk preferences.  Optimize Portfolio

Use this graph to draw trend lines for Guinness Atkinson Global Innovators. You can use it to identify possible trend reversals for Guinness 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 Guinness price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Guinness Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Guinness Atkinson Global Innovators applied against its price change over selected period. The best fit line has a slop of 0.12 % which means Guinness Atkinson Global Innovators will continue generating value for investors. It has 40 observation points and regression sum of squers of 18.08 which is sum of squared deviations of the predicted Guinness price change against its avarage change. Guinness has a best fit line with a correlation coefficient of 0.99. and coefficient of determination of 0.97. Note, that the company has price-to-book (p/b) ratio of 1.59.