Use this graph to draw trend lines for Sustainable Energy Technologies Ltd. You can use it to identify possible trend reversals for Sustainable 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 Sustainable price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Sustainable Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sustainable Energy Technologies Ltd applied against its price change over selected period. The best fit line has a slop of 0.0028 %
which means Sustainable Energy Technologies Ltd will continue generating value for investors. It has 42 observation points and regression sum of squers of 0.01 which is sum of squared deviations of the predicted Sustainable price change against its avarage change.
|Price Growth (%) |
|Prediction Trend || ||Sustainable || |
Sustainable has a best fit line with a correlation coefficient of 0.65. and coefficient of determination of 0.42. Note, that the company had not issued any dividends in recent years.