Use this graph to draw trend lines for Net Servi. You can use it to identify possible trend reversals for Net Servi 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 Net Servi price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Net Servi Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Net Servi applied against its price change over selected period. The best fit line has a slop of 0.02 %
which means Net Servi will continue generating value for investors. It has 38 observation points and regression sum of squers of 0.7 which is sum of squared deviations of the predicted Net Servi price change against its avarage change.
|Price Growth (%) |
|Prediction Trend || ||Net Servi || |
Net Servi has a best fit line with a correlation coefficient of 0.44. and coefficient of determination of 0.19. Note, that book value of the company was now as 6.73.