MarketDFFITS
Company Profile

DFFITS

In statistics, DFFIT and DFFITS are diagnostics meant to show how influential a point is in a linear regression, first proposed in 1980.

Development
Previously when assessing a dataset before running a linear regression, the possibility of outliers would be assessed using histograms and scatterplots. Both methods of assessing data points were subjective and there was little way of knowing how much leverage each potential outlier had on the results data. This led to a variety of quantitative measures, including DFFIT, DFBETA. == References ==
tickerdossier.comtickerdossier.substack.com