BankUnited Inc (BKU)
BankUnited, Inc. is the banking holding company for BankUnited, a national banking association offering a range of banking services in the United States. The company is headquartered in Miami Lakes, Florida.
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 48.32% per annum.
- BKU price at the close of November 20, 2024 was $41.00 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 91.82% per annum.
- BKU price at the close of November 20, 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 BKU 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: March 15, 2023
End date: November 20, 2024
a = 1.6381
b = 0.0011
s = 0.1053
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0011) – 1
= 48.32%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1053) – 1
= 52.37%
March 15, 2023 calculations
Top border of price channel:
Exp(Y832)
= Exp(a + b × X832 + 2 × s)
= Exp(a + b × 1,210 + 2 × s)
= Exp(1.6381 + 0.0011 × 1,210 + 2 × 0.1053)
= Exp(3.1554)
= $23.46
Bottom border of price channel:
Exp(Y832)
= Exp(a + b × X832 – 2 × s)
= Exp(a + b × 1,210 – 2 × s)
= Exp(1.6381 + 0.0011 × 1,210 – 2 × 0.1053)
= Exp(2.7342)
= $15.40
November 20, 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(1.6381 + 0.0011 × 1,826 + 2 × 0.1053)
= Exp(3.8206)
= $45.63
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(1.6381 + 0.0011 × 1,826 – 2 × 0.1053)
= Exp(3.3995)
= $29.95
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 48.32% per annum.
- BKU price at the close of November 20, 2024 was $41.00 and was inside the primary price channel.
Secondary Trend
Start date: February 26, 2024
End date: November 20, 2024
a = 0.4264
b = 0.0018
s = 0.0657
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0018) – 1
= 91.82%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0657) – 1
= 30.06%
February 26, 2024 calculations
Top border of price channel:
Exp(Y1,070)
= Exp(a + b × X1,070 + 2 × s)
= Exp(a + b × 1,558 + 2 × s)
= Exp(0.4264 + 0.0018 × 1,558 + 2 × 0.0657)
= Exp(3.3383)
= $28.17
Bottom border of price channel:
Exp(Y1,070)
= Exp(a + b × X1,070 – 2 × s)
= Exp(a + b × 1,558 – 2 × s)
= Exp(0.4264 + 0.0018 × 1,558 – 2 × 0.0657)
= Exp(3.0754)
= $21.66
November 20, 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(0.4264 + 0.0018 × 1,826 + 2 × 0.0657)
= Exp(3.8166)
= $45.45
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(0.4264 + 0.0018 × 1,826 – 2 × 0.0657)
= Exp(3.5537)
= $34.94
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 91.82% per annum.
- BKU price at the close of November 20, 2024 was inside the secondary price channel.