regression analysis for stocks

scl789 said: "Is this possible? If so is there anywebsite out there that can run a regression analysis on a stock? If there is not a website what should be the major factors to include when running the regression or would this for some reason not work?"

misterjover said: "In fact, you can do a regression analysis yourself by using a regression equation. Y = A + Bx + C Y is the price or point you are attempting to predict or the dependent variable. X is the independent variable, and A is the value of the Y axis, and C is the regression residual. The values of A and B are selected so that the square of the regression residual is minimized. If you understand all that crap, I will definitely owe you a stock tip because I sure as hell don't. :)"

scl789 said: "ya i know how to run a regresion 0and i dont think ide do it that way but i know price is Y but what should my X factors be?? and how good of an R can i come up with and does shit shit work with stocks? [QUOTE=misterjover]In fact, you can do a regression analysis yourself by using a regression equation. Y = A + Bx + C Y is the price or point you are attempting to predict or the dependent variable. X is the independent variable, and A is the value of the Y axis, and C is the regression residual. The values of A and B are selected so that the square of the regression residual is minimized. If you understand all that crap, I will definitely owe you a stock tip because I sure as hell don't. :)[/QUOTE]"

misterjover said: "You see, the problem with regression analysis for stocks is that it doesn't take into account the factor of human behavior as well as plenty of other macroeconomic forces that affect the stock's price. Sure, a regression analysis will take several peaks and valleys and give you a probable future price, but there are just so many more important things about a stock that must be understood in order to predict what will really happen to it in both the long and short run."