Cadence Bancorp (CADE)
Cadence Bancorporation, a financial portfolio company, through its subsidiary, Cadence Bank, a National Association that provides banking and wealth management services to businesses, high-net-worth individuals, business owners, and retail clients. The company is headquartered in Houston, Texas.
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 45.40% per annum.
- CADE price at the close of March 31, 2025 was $30.36 and was lower than the bottom border of the primary price channel by $2.97 (8.92%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 43.80% per annum.
- CADE 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 CADE 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 13, 2023
End date: February 19, 2025
a = 1.7836
b = 0.0010
s = 0.0744
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0010) – 1
= 45.40%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0744) – 1
= 34.64%
March 13, 2023 calculations
Top border of price channel:
Exp(Y741)
= Exp(a + b × X741 + 2 × s)
= Exp(a + b × 1,076 + 2 × s)
= Exp(1.7836 + 0.0010 × 1,076 + 2 × 0.0744)
= Exp(3.0359)
= $20.82
Bottom border of price channel:
Exp(Y741)
= Exp(a + b × X741 – 2 × s)
= Exp(a + b × 1,076 – 2 × s)
= Exp(1.7836 + 0.0010 × 1,076 – 2 × 0.0744)
= Exp(2.7384)
= $15.46
February 19, 2025 calculations
Top border of price channel:
Exp(Y1,227)
= Exp(a + b × X1,227 + 2 × s)
= Exp(a + b × 1,785 + 2 × s)
= Exp(1.7836 + 0.0010 × 1,785 + 2 × 0.0744)
= Exp(3.7630)
= $43.08
Bottom border of price channel:
Exp(Y1,227)
= Exp(a + b × X1,227 – 2 × s)
= Exp(a + b × 1,785 – 2 × s)
= Exp(1.7836 + 0.0010 × 1,785 – 2 × 0.0744)
= Exp(3.4655)
= $31.99
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 45.40% per annum.
- CADE price at the close of March 31, 2025 was $30.36 and was lower than the bottom border of the primary price channel by $2.97 (8.92%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: November 6, 2024
End date: March 31, 2025
a = 6.2985
b = -0.0016
s = 0.0350
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0016) – 1
= -43.80%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0350) – 1
= 15.04%
November 6, 2024 calculations
Top border of price channel:
Exp(Y1,158)
= Exp(a + b × X1,158 + 2 × s)
= Exp(a + b × 1,680 + 2 × s)
= Exp(6.2985 + -0.0016 × 1,680 + 2 × 0.0350)
= Exp(3.7160)
= $41.10
Bottom border of price channel:
Exp(Y1,158)
= Exp(a + b × X1,158 – 2 × s)
= Exp(a + b × 1,680 – 2 × s)
= Exp(6.2985 + -0.0016 × 1,680 – 2 × 0.0350)
= Exp(3.5759)
= $35.73
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(6.2985 + -0.0016 × 1,825 + 2 × 0.0350)
= Exp(3.4871)
= $32.69
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(6.2985 + -0.0016 × 1,825 – 2 × 0.0350)
= Exp(3.3470)
= $28.42
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 43.80% per annum.
- CADE price at the close of March 31, 2025 was inside the secondary price channel.