No. of Recommendations: 2
Thanks @Said.
Please pardon my ignorance, but could you clarify what the upper and lower grey lines represent, as well as the yellow line. The chart indicates that both grey lines are "1.55 x smoothed peak book value", and the yellow line is "WMA16 * 1.55". Is the latter 1.55 * average book values over the most recent 16 quarters?
I'm sure most here know how to interpret those values, but I'm unclear as to the specifics of 'smoothing' and 'weighting' as represented here.
Thanks in advance for your assistance as well as for your patience.
Tom
