Regression / Reversion to the mean........one and the same.
The LINEAR REGRESSION chart below highlights the GFC high of $97.00c. on 18/05/07, and the associated standard deviation line.
The recent low of $70.45c., support at the sd line, was NOT a random number.
Cheers.
MQG doesn’t deserve this fall!, page-19
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Last
$226.55 |
Change
0.390(0.17%) |
Mkt cap ! $86.34B | |||
| Open | High | Low | Value | Volume |
| $226.75 | $226.75 | $224.52 | $92.66M | 409.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25 | $226.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $226.73 | 61 | 1 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| MQG (ASX) Chart |