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.
Regression / Reversion to the mean........one and the same. The...
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Last
$208.75 |
Change
0.900(0.43%) |
Mkt cap ! $79.65B | |||
| Open | High | Low | Value | Volume |
| $208.00 | $209.90 | $207.70 | $17.50M | 83.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 64 | $208.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $208.75 | 495 | 4 |
View Market Depth
| Last trade - 12.40pm 24/07/2024 (20 minute delay) ? |
| MQG (ASX) Chart |