|NQASPA2300LMCADT -- USA Index|| |
1,581 0.00 0.00%
NASDAQ ASPA Constr Trend Analysis
Use this graph to draw trend lines for NASDAQ ASPA Constr Matls Lg M. You can use it to identify possible trend reversals for NASDAQ ASPA 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 NASDAQ ASPA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
NASDAQ ASPA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NASDAQ ASPA Constr Matls Lg M applied against its price change over selected period. The best fit line has a slop of 9.53
which means NASDAQ ASPA Constr Matls Lg M will continue producing value for investors. It has 6 observation points and a regression sum of squares at 363.66, which is the sum of squared deviations for the predicted NASDAQ ASPA price change compared to its average price change.