Use this graph to draw trend lines for VMware Inc. You can use it to identify possible trend reversals for VMware 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 VMware price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
VMware Best Fit Change Line
The following chart estimates an ordinary least squares regression model for VMware Inc applied against its price change over selected period. The best fit line has a slop of 0.19 %
which may imply that the returns on investment in VMware Inc will continue to fail. It has 42 observation points and regression sum of squers of 53.61 which is sum of squared deviations of the predicted VMware price change against its avarage change.
VMware has a best fit line with a correlation coefficient of -0.6. and coefficient of determination of 0.36. Note, that about 32.0%
of the company outstanding shares are owned by insiders