|NQHK8000T -- USA Index|| |
1,748 8.14 0.46%
NASDAQ Hong Trend Analysis
Use this graph to draw trend lines for The NASDAQ Hong Kong Financials. You can use it to identify possible trend reversals for NASDAQ Hong 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 Hong price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
NASDAQ Hong Best Fit Change Line
The following chart estimates an ordinary least squares regression model for The NASDAQ Hong Kong Financials applied against its price change over selected period. The best fit line has a slop of 15.07
which means The NASDAQ Hong Kong Financials will continue producing value for investors. It has 8 observation points and a regression sum of squares at 2271.65, which is the sum of squared deviations for the predicted NASDAQ Hong price change compared to its average price change.