Use this graph to draw trend lines for Moodys Corp. You can use it to identify possible trend reversals for Moodys 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 Moodys price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Moodys Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Moodys Corp applied against its price change over selected period. The best fit line has a slop of 0.73 %
which may imply that Moodys Corp will maintain its good market sentiment and make money for investors. It has 44 observation points and regression sum of squers of 944.66 which is sum of squared deviations of the predicted Moodys price change against its avarage change.
Moodys has a best fit line with a correlation coefficient of 0.97. and coefficient of determination of 0.94. Note, that about 91.0%
of the company shares are owned by institutional investors