Arista Networks (ANET)
Arista Networks (formerly Arastra) is an American computer networking company headquartered in Santa Clara, California. The company designs and sells multilayer network switches to deliver software-defined networking (SDN) solutions for large datacenter, cloud computing, high-performance computing, and high-frequency trading environments.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 88.89% per annum.
- ANET price at the close of April 24, 2025 was $75.29 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 61.70% per annum.
- ANET price at the close of April 24, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
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 ANET 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 6, 2025
End date: April 23, 2025
a = 15.1813
b = -0.0060
s = 0.0670
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0060) – 1
= -88.89%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0670) – 1
= 30.72%
January 6, 2025 calculations
Top border of price channel:
Exp(Y1,181)
= Exp(a + b × X1,181 + 2 × s)
= Exp(a + b × 1,715 + 2 × s)
= Exp(15.1813 + -0.0060 × 1,715 + 2 × 0.0670)
= Exp(4.9890)
= $146.80
Bottom border of price channel:
Exp(Y1,181)
= Exp(a + b × X1,181 – 2 × s)
= Exp(a + b × 1,715 – 2 × s)
= Exp(15.1813 + -0.0060 × 1,715 – 2 × 0.0670)
= Exp(4.7212)
= $112.30
April 23, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(15.1813 + -0.0060 × 1,822 + 2 × 0.0670)
= Exp(4.3448)
= $77.08
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(15.1813 + -0.0060 × 1,822 – 2 × 0.0670)
= Exp(4.0769)
= $58.96
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 88.89% per annum.
- ANET price at the close of April 24, 2025 was $75.29 and was inside the primary price channel.
Secondary Trend
Start date: April 3, 2025
End date: April 24, 2025
a = 1.8770
b = 0.0013
s = 0.0443
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0013) – 1
= 61.70%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0443) – 1
= 19.39%
April 3, 2025 calculations
Top border of price channel:
Exp(Y1,241)
= Exp(a + b × X1,241 + 2 × s)
= Exp(a + b × 1,802 + 2 × s)
= Exp(1.8770 + 0.0013 × 1,802 + 2 × 0.0443)
= Exp(4.3382)
= $76.57
Bottom border of price channel:
Exp(Y1,241)
= Exp(a + b × X1,241 – 2 × s)
= Exp(a + b × 1,802 – 2 × s)
= Exp(1.8770 + 0.0013 × 1,802 – 2 × 0.0443)
= Exp(4.1610)
= $64.13
April 24, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(1.8770 + 0.0013 × 1,823 + 2 × 0.0443)
= Exp(4.3659)
= $78.72
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(1.8770 + 0.0013 × 1,823 – 2 × 0.0443)
= Exp(4.1886)
= $65.93
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 61.70% per annum.
- ANET price at the close of April 24, 2025 was inside the secondary price channel.