|NQEMEU8300JPYT -- USA Index|| |
843.94 0.002317 0.0003%
NASDAQ EM Europe Trend Analysis
Use this graph to draw trend lines for NASDAQ EM Europe Banks JPY TR I. You can use it to identify possible trend reversals for NASDAQ EM 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 EM price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
NASDAQ EM Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NASDAQ EM Europe Banks JPY TR I applied against its price change over selected period. The best fit line has a slop of 10.88
which means NASDAQ EM Europe Banks JPY TR I will continue producing value for investors. It has 6 observation points and a regression sum of squares at 473.5, which is the sum of squared deviations for the predicted NASDAQ EM price change compared to its average price change.