|F00000PD2B -- India Fund|| |
INR 50.46 0.00 0.00%
Mirae Asset Emerging Technical Analysis
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Mirae Asset Emerging Trend Analysis
Use this graph to draw trend lines for Mirae Asset Emerging Bluechip Dir Gr. You can use it to identify possible trend reversals for Mirae Asset 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 Mirae Asset price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Mirae Asset Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mirae Asset Emerging Bluechip Dir Gr applied against its price change over selected period. The best fit line has a slop of 0.07 %
which means Mirae Asset Emerging Bluechip Dir Gr will continue generating value for investors. It has 34 observation points and a regression sum of squares at 4.24, which is the sum of squared deviations for the predicted Mirae Asset price change compared to its average price change.