What are the units that LinRegSlope() returns?

[ETFVoyageur]

Degrees? Percent?

My first concern is whether or not a stock with a higher LinRegSlope() for a given period is rising faster (i.e. at a greater percentage rate) than another stock with a lower LinRegSlope? As long as the units are anything like percent or degrees, that works fine, but if they are just $$ ROC then it does not work.

My second question is how would I convert what LinRegSlope() returns to CAGR?

Thanks,
EV

[NinjaTrader_Bertrand]

EV, this is just a rise over run calculation which is not normalized, though the inverse tangent would give you the slope angle. Turning those values into CAGR would need to some extra coding, I would not be aware of an example shared already unfortunately.

[ETFVoyageur]

EV, this is just a rise over run calculation which is not normalized, though the inverse tangent would give you the slope angle. Turning those values into CAGR would need to some extra coding, I would not be aware of an example shared already unfortunately.

By that do you mean the result is:

(Linear Regression Value[0] - Linear Regression Value[n]) / n

I so, that is pretty trivial to convert to CAGR.

Thanks,
EV