Capitol Federal Financial Inc (CFFN)
Capitol Federal Financial, Inc. is the holding company for Capitol Federal Savings Bank offering various retail banking products and services in the United States. The company is headquartered in Topeka, Kansas.
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 22.26% per annum.
- CFFN price at the close of January 27, 2025 was $5.80 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 68.90% per annum.
- CFFN price at the close of January 27, 2025 was higher than the top border of the secondary price channel by $0.06 (1.04%). This indicates a possible reversal in the secondary trend direction.
- 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 CFFN 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 31, 2023
End date: January 8, 2025
a = 0.8453
b = 0.0006
s = 0.0894
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0006) – 1
= 22.26%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0894) – 1
= 43.01%
August 31, 2023 calculations
Top border of price channel:
Exp(Y905)
= Exp(a + b × X905 + 2 × s)
= Exp(a + b × 1,311 + 2 × s)
= Exp(0.8453 + 0.0006 × 1,311 + 2 × 0.0894)
= Exp(1.7461)
= $5.73
Bottom border of price channel:
Exp(Y905)
= Exp(a + b × X905 – 2 × s)
= Exp(a + b × 1,311 – 2 × s)
= Exp(0.8453 + 0.0006 × 1,311 – 2 × 0.0894)
= Exp(1.3884)
= $4.01
January 8, 2025 calculations
Top border of price channel:
Exp(Y1,245)
= Exp(a + b × X1,245 + 2 × s)
= Exp(a + b × 1,807 + 2 × s)
= Exp(0.8453 + 0.0006 × 1,807 + 2 × 0.0894)
= Exp(2.0192)
= $7.53
Bottom border of price channel:
Exp(Y1,245)
= Exp(a + b × X1,245 – 2 × s)
= Exp(a + b × 1,807 – 2 × s)
= Exp(0.8453 + 0.0006 × 1,807 – 2 × 0.0894)
= Exp(1.6615)
= $5.27
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 22.26% per annum.
- CFFN price at the close of January 27, 2025 was $5.80 and was inside the primary price channel.
Secondary Trend
Start date: November 6, 2024
End date: January 24, 2025
a = 7.5459
b = -0.0032
s = 0.0223
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0032) – 1
= -68.90%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0223) – 1
= 9.33%
November 6, 2024 calculations
Top border of price channel:
Exp(Y1,203)
= Exp(a + b × X1,203 + 2 × s)
= Exp(a + b × 1,744 + 2 × s)
= Exp(7.5459 + -0.0032 × 1,744 + 2 × 0.0223)
= Exp(2.0099)
= $7.46
Bottom border of price channel:
Exp(Y1,203)
= Exp(a + b × X1,203 – 2 × s)
= Exp(a + b × 1,744 – 2 × s)
= Exp(7.5459 + -0.0032 × 1,744 – 2 × 0.0223)
= Exp(1.9207)
= $6.83
January 24, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(7.5459 + -0.0032 × 1,823 + 2 × 0.0223)
= Exp(1.7572)
= $5.80
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(7.5459 + -0.0032 × 1,823 – 2 × 0.0223)
= Exp(1.6679)
= $5.30
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 68.90% per annum.
- CFFN price at the close of January 27, 2025 was higher than the top border of the secondary price channel by $0.06 (1.04%). This indicates a possible reversal in the secondary trend direction.