Use this graph to draw trend lines for Stifel Financial Corp. You can use it to identify possible trend reversals for Stifel 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 Stifel price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Stifel Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Stifel Financial Corp applied against its price change over selected period. The best fit line has a slop of 0.14 %
which suggests that Stifel Financial Corp will keep on generating value for investors. It has 40 observation points and regression sum of squers of 27.56 which is sum of squared deviations of the predicted Stifel price change against its avarage change.
Stifel has a best fit line with a correlation coefficient of 0.81. and coefficient of determination of 0.65. Note, that about 85.0%
of the company shares are owned by institutional investors