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What is Nike Investment Analysis Overview about?

This document analyzes Nike stock as a potential investment over 5 years of trading data. Key findings include: - There is a positive, moderate correlation between days owned and adjusted closing stock price. - A regression model shows adjusted closing price increasing by 10 cents daily, with an r-squared value of 0.53. - Predicting the value in 3650 days using the regression equation yields $433.30. - The rate of return for this investment period would be 534%, demonstrating it was a good long-term i

Author

Dtwa

Language

EN