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. 2005 Feb 1;102(6):2254–2259. doi: 10.1073/pnas.0409157102

Fig. 2.

Fig. 2.

Regressions of predicted values based on order flow using Eq. 1 vs. actual values for the log spread. The dots show the average predicted and actual value for each stock averaged over the full 21-mo time period. The solid line is a regression; the dashed line is the diagonal representing the model's prediction, with A = 1 and B = 0.