Use this graph to draw trend lines for RAIT Financial Trust. You can use it to identify possible trend reversals for RAIT 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 RAIT price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
RAIT Best Fit Change Line
The following chart estimates an ordinary least squares regression model for RAIT Financial Trust applied against its price change over selected period. The best fit line has a slop of 0.04 %
which may imply that the returns on investment in RAIT Financial Trust will continue to fail. It has 42 observation points and regression sum of squers of 2.57 which is sum of squared deviations of the predicted RAIT price change against its avarage change.
RAIT has a best fit line with a correlation coefficient of -0.72. and coefficient of determination of 0.51. Note, that about 47.0%
of the company shares are owned by institutional investors