Multiple Linear Regression

Multiple Linear Regression
Multiple regression is a mathematical technique used in both technical and fundamental analysis. The technique uses a number of variables to predict some unknown variable.

Multiple Linear Regression More than one independent variable is used to account for the variability in one depen dent variable.
Mutual Fund A company that invests money of its shareholders in a variety of areas, usually stocks.

The final result is the two variables explaining the same portion of variation where either variable would be suffi cient.

Multiple Linear Regression ...

Unlike the straight Linear Regression Trendline, the Linear Regression indicator plots the ending values of multiple Linear Regression trendlines.

Rather than plotting a straight linear regression trendline, the Time Series Forecast plots the last point of multiple linear regression trendlines.

The trend is based on linear regression analysis. The Time Series Forecast plots the last point of multiple linear regression trendlines. The Time Series Forecast does not exhibit as much delay as a Moving Average when adjusting to price changes.

See also: Linear Regression, Trend, Indicator, Regression, Point