|NQCA0001N -- USA Index|| |
659.47 15.18 2.25%
As of 20 of September NASDAQ Canada secures Risk Adjusted Performance
of (0.15). Macroaxis technical analysis interface lets you check existing technical drivers of NASDAQ Canada as well as the relationship between them. Strictly speaking you can use this information to find out if the organization will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for NASDAQ Canada which can be compared to its peers in the industry. Please verify NASDAQ Canada Maximum Drawdown, and the relationship between Information Ratio and Downside Variance to decide if The NASDAQ Canada Oil and Gas is priced some-what accurately providing market reflects its recent price of 659.47 per share.
NASDAQ Canada Trend Analysis
Use this graph to draw trend lines for The NASDAQ Canada Oil and Gas. You can use it to identify possible trend reversals for NASDAQ Canada 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 Canada price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
NASDAQ Canada Best Fit Change Line
The following chart estimates an ordinary least squares regression model for The NASDAQ Canada Oil and Gas applied against its price change over selected period. The best fit line has a slop of 3.09 %
which means The NASDAQ Canada Oil and Gas will continue producing value for investors. It has 10 observation points and a regression sum of squares at 190.71, which is the sum of squared deviations for the predicted NASDAQ Canada price change compared to its average price change.