MOL Magyar technical analysis

Use MOL Magyar Olaj es Gazipari Nyilvanosan Mukodo Reszvenytarsasag technical analysis together with your other otc stock asset holdings to protect against small markets fluctuations as well as to check it against diversification policy that fits your risk preferences.  Optimize Portfolio

Use this graph to draw trend lines for MOL Magyar Olaj es Gazipari Nyilvanosan Mukodo Reszvenytarsasag. You can use it to identify possible trend reversals for MOL Magyar 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 MOL Magyar price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

MOL Magyar Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MOL Magyar Olaj es Gazipari Nyilvanosan Mukodo Reszvenytarsasag applied against its price change over selected period. The best fit line has a slop of 0.32 % which means MOL Magyar Olaj es Gazipari Nyilvanosan Mukodo Reszvenytarsasag will continue generating value for investors. It has 10 observation points and regression sum of squers of 2.04 which is sum of squared deviations of the predicted MOL Magyar price change against its avarage change. MOL Magyar has a best fit line with a correlation coefficient of 0.61. and coefficient of determination of 0.38. Note, that the company has price-to-book ratio of 0.8.