|NQMX1000EURT -- USA Index|| |
854.24 12.23 1.45%
NASDAQ Mexico Basic Trend Analysis
Use this graph to draw trend lines for NASDAQ Mexico Basic Matls EUR T. You can use it to identify possible trend reversals for NASDAQ Mexico 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 Mexico price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
NASDAQ Mexico Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NASDAQ Mexico Basic Matls EUR T applied against its price change over selected period. The best fit line has a slop of 6.12
which means NASDAQ Mexico Basic Matls EUR T will continue producing value for investors. It has 6 observation points and a regression sum of squares at 149.57, which is the sum of squared deviations for the predicted NASDAQ Mexico price change compared to its average price change.