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Q: What is the purpose of a trendline?
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What is a treadline in Excel?

A treadline is used to get a linear prediction on charts in Excel.The default trendline is drawn in basic black. If you want to change the appearance of the trendline, right-click the trendline and choose Format Trendline.


How do you add a trendline to a graph in Excel 2003?

With the chart active, on the chart menu, click the Add Trendline option.


What do you call the line that smooths out the variations on a graph?

its called a trendline


How do you calculate Beta for a stock?

Using Excel: plot the benchmark returns against the stock returns. add a linear trendline and display the equation Beta is the slope of the trendline. Examine the spreadsheet in the related link for a worked example


Which of these provides relationship between two variables and provides a visual correlation coefficient?

Trendline


What has the author Howard V Prenzel written?

Howard V. Prenzel has written: 'Dynamic trendline charting' -- subject(s): Hedging (Finance), Investments, Stock exchanges


How do you add a best fit line in Excel?

Right click on the series in the graph. On the shortcut menu, click "Add Trendline". You can then choose the style of line you want and the series you want it for. Then click OK.


What companies supply trend trading software?

There are several companies out there offering great and affordable trend trading software. Some options include for example: "KwikPOP", "Alpha Trend Momentum", "TraderFox" or "TrendLine Trader".


How do you plot sine regression in excel?

All you have to do is to select the values you want to have compared with Excel. Then click on Insert on the top, then Scatter, then Scatter with only markers. After this, you can give name to the axises, but then in the Layout section you have to select the regression type of the trendline as well.


What best describes a trendline?

It is a straight or curved lineon a chart that indicates the general pattern or direction of a time series data, so doing things like showing if sales are going up or down in general. They can show what is happening and help predict future trends. Businesses can use them to see what effects changes will make to their future development, like their profits.


Which one is wrong in this sequence 1 5 26 29 48 and why?

y = 2.5*x^2 - 3.2*x + 1.6 is the equation. So using that equation, 26 is the incorrect number in the pattern. I plotted this in excel and fit a 2nd order polynomial trendline and tested to see what numbers worked.


How do you figure beta for a company stock?

First decide what the benchmark index is (i.e the FTSE, DOW Jones, commodities index etc). Then plot the benchmark returns against the stock returns. Then add a straight line of best fit. The beta is the slope of the trendline Check out the Excel spreadsheet in the related link.