Use this graph to draw trend lines for BlackRock Muniyield Pennsylvania Insured Fund. You can use it to identify possible trend reversals for BlackRock 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 BlackRock price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
BlackRock Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BlackRock Muniyield Pennsylvania Insured Fund applied against its price change over selected period. The best fit line has a slop of 0.02 %
which may imply that the returns on investment in BlackRock Muniyield Pennsylvania Insured Fund will continue to fail. It has 42 observation points and regression sum of squers of 0.45 which is sum of squared deviations of the predicted BlackRock price change against its avarage change.
|Price Growth (%) |
|Prediction Trend || ||BlackRock || |
BlackRock has a best fit line with a correlation coefficient of -0.55. and coefficient of determination of 0.3. Note, that the company had not issued any dividends in recent years.