Belden Inc (BDC)
Belden Inc. is a signal transmission solutions company in the Americas, Europe, the Middle East, Africa and Asia-Pacific. The company is headquartered in St. Louis, Missouri.
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 70.96% per annum.
- BDC price at the close of November 19, 2024 was $118.68 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 138.55% per annum.
- BDC price at the close of November 19, 2024 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 BDC 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: October 23, 2023
End date: November 19, 2024
a = 2.1008
b = 0.0015
s = 0.0496
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0015) – 1
= 70.96%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0496) – 1
= 21.95%
October 23, 2023 calculations
Top border of price channel:
Exp(Y986)
= Exp(a + b × X986 + 2 × s)
= Exp(a + b × 1,433 + 2 × s)
= Exp(2.1008 + 0.0015 × 1,433 + 2 × 0.0496)
= Exp(4.3054)
= $74.10
Bottom border of price channel:
Exp(Y986)
= Exp(a + b × X986 – 2 × s)
= Exp(a + b × 1,433 – 2 × s)
= Exp(2.1008 + 0.0015 × 1,433 – 2 × 0.0496)
= Exp(4.1070)
= $60.76
November 19, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(2.1008 + 0.0015 × 1,826 + 2 × 0.0496)
= Exp(4.8828)
= $132.00
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(2.1008 + 0.0015 × 1,826 – 2 × 0.0496)
= Exp(4.6844)
= $108.24
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 70.96% per annum.
- BDC price at the close of November 19, 2024 was $118.68 and was inside the primary price channel.
Secondary Trend
Start date: July 1, 2024
End date: November 19, 2024
a = 0.4865
b = 0.0024
s = 0.0377
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0024) – 1
= 138.55%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0377) – 1
= 16.25%
July 1, 2024 calculations
Top border of price channel:
Exp(Y1,158)
= Exp(a + b × X1,158 + 2 × s)
= Exp(a + b × 1,685 + 2 × s)
= Exp(0.4865 + 0.0024 × 1,685 + 2 × 0.0377)
= Exp(4.5753)
= $97.06
Bottom border of price channel:
Exp(Y1,158)
= Exp(a + b × X1,158 – 2 × s)
= Exp(a + b × 1,685 – 2 × s)
= Exp(0.4865 + 0.0024 × 1,685 – 2 × 0.0377)
= Exp(4.4247)
= $83.49
November 19, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(0.4865 + 0.0024 × 1,826 + 2 × 0.0377)
= Exp(4.9112)
= $135.80
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(0.4865 + 0.0024 × 1,826 – 2 × 0.0377)
= Exp(4.7606)
= $116.81
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 138.55% per annum.
- BDC price at the close of November 19, 2024 was inside the secondary price channel.