Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A line of best fit is a form of regression analysis that shows the relationship ...

Most straight-line approximations for data points are found using the method of least squares. This method works for many applications, but it cannot guarantee that the greatest vertical distance ...

Straight line method spreads an asset's cost evenly over its life, aiding in clear financial planning. Using this method simplifies financial statements, making a company's health easier to assess.