Use this graph to draw trend lines for Nabi Biopharmaceuticals. You can use it to identify possible trend reversals for Nabi 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 Nabi price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Nabi Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nabi Biopharmaceuticals applied against its price change over selected period. The best fit line has a slop of 0.03 %
which may suggest that Nabi Biopharmaceuticals market price will keep on failing further. It has 44 observation points and regression sum of squers of 1.52 which is sum of squared deviations of the predicted Nabi price change against its avarage change.
Nabi has a best fit line with a correlation coefficient of -0.87. and coefficient of determination of 0.76. Note, that about 57.0%
of the company shares are owned by institutional investors