Ameren Corp (AEE)
Ameren Corporation is an American power company created December 31, 1997, by the merger of St. Louis, Missouri's Union Electric Company (formerly NYSE: UEP) and the neighboring Central Illinois Public Service Company (CIPSCO Inc. holding, formerly NYSE: CIP) of Springfield, Illinois. It is now a holding company for several power companies and energy companies.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 44.92% per annum.
- AEE price at the close of March 5, 2025 was $98.73 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 120.12% per annum.
- AEE price at the close of March 5, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of AEE price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: January 17, 2024
End date: March 5, 2025
a = 2.7307
b = 0.0010
s = 0.0357
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0010) – 1
= 44.92%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0357) – 1
= 15.34%
January 17, 2024 calculations
Top border of price channel:
Exp(Y972)
= Exp(a + b × X972 + 2 × s)
= Exp(a + b × 1,412 + 2 × s)
= Exp(2.7307 + 0.0010 × 1,412 + 2 × 0.0357)
= Exp(4.2372)
= $69.21
Bottom border of price channel:
Exp(Y972)
= Exp(a + b × X972 – 2 × s)
= Exp(a + b × 1,412 – 2 × s)
= Exp(2.7307 + 0.0010 × 1,412 – 2 × 0.0357)
= Exp(4.0945)
= $60.01
March 5, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(2.7307 + 0.0010 × 1,825 + 2 × 0.0357)
= Exp(4.6570)
= $105.32
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(2.7307 + 0.0010 × 1,825 – 2 × 0.0357)
= Exp(4.5143)
= $91.31
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 44.92% per annum.
- AEE price at the close of March 5, 2025 was $98.73 and was inside the primary price channel.
Secondary Trend
Start date: December 30, 2024
End date: March 5, 2025
a = 0.6757
b = 0.0022
s = 0.0152
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0022) – 1
= 120.12%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0152) – 1
= 6.26%
December 30, 2024 calculations
Top border of price channel:
Exp(Y1,212)
= Exp(a + b × X1,212 + 2 × s)
= Exp(a + b × 1,760 + 2 × s)
= Exp(0.6757 + 0.0022 × 1,760 + 2 × 0.0152)
= Exp(4.5105)
= $90.97
Bottom border of price channel:
Exp(Y1,212)
= Exp(a + b × X1,212 – 2 × s)
= Exp(a + b × 1,760 – 2 × s)
= Exp(0.6757 + 0.0022 × 1,760 – 2 × 0.0152)
= Exp(4.4497)
= $85.60
March 5, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(0.6757 + 0.0022 × 1,825 + 2 × 0.0152)
= Exp(4.6510)
= $104.69
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(0.6757 + 0.0022 × 1,825 – 2 × 0.0152)
= Exp(4.5902)
= $98.52
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 120.12% per annum.
- AEE price at the close of March 5, 2025 was inside the secondary price channel.