Aramark Holdings (ARMK)
Aramark provides uniform food, facilities, and services to education, health, business and industrial, sports, recreation, and correctional clients in the United States and internationally. The company is headquartered in Philadelphia, Pennsylvania.
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 42.74% per annum.
- ARMK price at the close of March 31, 2025 was $34.52 and was lower than the bottom border of the primary price channel by $6.96 (16.79%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 52.31% per annum.
- ARMK price at the close of March 31, 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 ARMK 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: August 14, 2023
End date: December 17, 2024
a = 2.0090
b = 0.0010
s = 0.0314
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0010) – 1
= 42.74%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0314) – 1
= 13.40%
August 14, 2023 calculations
Top border of price channel:
Exp(Y847)
= Exp(a + b × X847 + 2 × s)
= Exp(a + b × 1,230 + 2 × s)
= Exp(2.0090 + 0.0010 × 1,230 + 2 × 0.0314)
= Exp(3.2710)
= $26.34
Bottom border of price channel:
Exp(Y847)
= Exp(a + b × X847 – 2 × s)
= Exp(a + b × 1,230 – 2 × s)
= Exp(2.0090 + 0.0010 × 1,230 – 2 × 0.0314)
= Exp(3.1452)
= $23.23
December 17, 2024 calculations
Top border of price channel:
Exp(Y1,186)
= Exp(a + b × X1,186 + 2 × s)
= Exp(a + b × 1,721 + 2 × s)
= Exp(2.0090 + 0.0010 × 1,721 + 2 × 0.0314)
= Exp(3.7497)
= $42.51
Bottom border of price channel:
Exp(Y1,186)
= Exp(a + b × X1,186 – 2 × s)
= Exp(a + b × 1,721 – 2 × s)
= Exp(2.0090 + 0.0010 × 1,721 – 2 × 0.0314)
= Exp(3.6239)
= $37.48
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 42.74% per annum.
- ARMK price at the close of March 31, 2025 was $34.52 and was lower than the bottom border of the primary price channel by $6.96 (16.79%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: January 15, 2025
End date: March 31, 2025
a = 7.2304
b = -0.0020
s = 0.0148
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0020) – 1
= -52.31%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0148) – 1
= 6.08%
January 15, 2025 calculations
Top border of price channel:
Exp(Y1,204)
= Exp(a + b × X1,204 + 2 × s)
= Exp(a + b × 1,750 + 2 × s)
= Exp(7.2304 + -0.0020 × 1,750 + 2 × 0.0148)
= Exp(3.7094)
= $40.83
Bottom border of price channel:
Exp(Y1,204)
= Exp(a + b × X1,204 – 2 × s)
= Exp(a + b × 1,750 – 2 × s)
= Exp(7.2304 + -0.0020 × 1,750 – 2 × 0.0148)
= Exp(3.6504)
= $38.49
March 31, 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(7.2304 + -0.0020 × 1,825 + 2 × 0.0148)
= Exp(3.5573)
= $35.07
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(7.2304 + -0.0020 × 1,825 – 2 × 0.0148)
= Exp(3.4983)
= $33.06
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 52.31% per annum.
- ARMK price at the close of March 31, 2025 was inside the secondary price channel.