Bruker Corporation (BRKR)
Bruker Corporation develops, manufactures and distributes scientific instruments and analytical and diagnostic solutions in the United States, Europe, Asia Pacific, and internationally. The company is headquartered in Billerica, Massachusetts.
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 41.85% per annum.
- BRKR price at the close of January 27, 2025 was $55.99 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 19.41% per annum.
- BRKR price at the close of January 27, 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 BRKR 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: February 14, 2024
End date: January 2, 2025
a = 6.6606
b = -0.0015
s = 0.0755
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0015) – 1
= -41.85%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0755) – 1
= 35.23%
February 14, 2024 calculations
Top border of price channel:
Exp(Y1,019)
= Exp(a + b × X1,019 + 2 × s)
= Exp(a + b × 1,478 + 2 × s)
= Exp(6.6606 + -0.0015 × 1,478 + 2 × 0.0755)
= Exp(4.6159)
= $101.08
Bottom border of price channel:
Exp(Y1,019)
= Exp(a + b × X1,019 – 2 × s)
= Exp(a + b × 1,478 – 2 × s)
= Exp(6.6606 + -0.0015 × 1,478 – 2 × 0.0755)
= Exp(4.3141)
= $74.75
January 2, 2025 calculations
Top border of price channel:
Exp(Y1,241)
= Exp(a + b × X1,241 + 2 × s)
= Exp(a + b × 1,801 + 2 × s)
= Exp(6.6606 + -0.0015 × 1,801 + 2 × 0.0755)
= Exp(4.1361)
= $62.56
Bottom border of price channel:
Exp(Y1,241)
= Exp(a + b × X1,241 – 2 × s)
= Exp(a + b × 1,801 – 2 × s)
= Exp(6.6606 + -0.0015 × 1,801 – 2 × 0.0755)
= Exp(3.8343)
= $46.26
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 41.85% per annum.
- BRKR price at the close of January 27, 2025 was $55.99 and was inside the primary price channel.
Secondary Trend
Start date: May 30, 2024
End date: January 27, 2025
a = 5.1314
b = -0.0006
s = 0.0515
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0006) – 1
= -19.41%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0515) – 1
= 22.87%
May 30, 2024 calculations
Top border of price channel:
Exp(Y1,092)
= Exp(a + b × X1,092 + 2 × s)
= Exp(a + b × 1,584 + 2 × s)
= Exp(5.1314 + -0.0006 × 1,584 + 2 × 0.0515)
= Exp(4.2979)
= $73.55
Bottom border of price channel:
Exp(Y1,092)
= Exp(a + b × X1,092 – 2 × s)
= Exp(a + b × 1,584 – 2 × s)
= Exp(5.1314 + -0.0006 × 1,584 – 2 × 0.0515)
= Exp(4.0920)
= $59.86
January 27, 2025 calculations
Top border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(5.1314 + -0.0006 × 1,826 + 2 × 0.0515)
= Exp(4.1548)
= $63.74
Bottom border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(5.1314 + -0.0006 × 1,826 – 2 × 0.0515)
= Exp(3.9489)
= $51.88
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 19.41% per annum.
- BRKR price at the close of January 27, 2025 was inside the secondary price channel.