|NQRUMCRUB -- USA Index|| |
1,491 4.43 0.30%
NASDAQ Russia Mid Trend Analysis
Use this graph to draw trend lines for NASDAQ Russia Mid Cap RUB Index. You can use it to identify possible trend reversals for NASDAQ Russia 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 Russia price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
NASDAQ Russia Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NASDAQ Russia Mid Cap RUB Index applied against its price change over selected period. The best fit line has a slop of 0.24
which means NASDAQ Russia Mid Cap RUB Index will continue generating value for investors. It has 10 observation points and a regression sum of squares at 1.15, which is the sum of squared deviations for the predicted NASDAQ Russia price change compared to its average price change.