|iPath Series B SP GSCI Crude Oil -- USA Etf|| |
USD 51.56 0.39 0.76%
iPath Series B Trend Analysis
Use this graph to draw trend lines for iPath Series B SP GSCI Crude Oil. You can use it to identify possible trend reversals for iPath Series 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 iPath Series price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
iPath Series Best Fit Change Line
The following chart estimates an ordinary least squares regression model for iPath Series B SP GSCI Crude Oil applied against its price change over selected period. The best fit line has a slop of 0.017658 %
which means iPath Series B SP GSCI Crude Oil will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.25, which is the sum of squared deviations for the predicted iPath Series price change compared to its average price change.