Stock Price Trends

Cencora Inc. (COR)

CoreSite Realty Corporation (NYSE: COR) delivers secure, reliable, high-performance data center, cloud access and interconnect solutions to a growing client ecosystem in eight key North American markets.

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 84.08% per annum.
  • COR price at the close of July 14, 2025 was $297.06 and was lower than the bottom border of the primary price channel by $8.97 (2.93%). This indicates a possible reversal in the primary trend direction.
  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 26.31% per annum.
  • COR price at the close of July 14, 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 COR 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: December 11, 2024
End date: June 3, 2025

a = 2.7218

b = 0.0017

s = 0.0245

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0017) – 1
= 84.08%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0245) – 1
= 10.31%

December 11, 2024 calculations

Top border of price channel:

Exp(Y1,110)
= Exp(a + b × X1,110 + 2 × s)
= Exp(a + b × 1,610 + 2 × s)
= Exp(2.7218 + 0.0017 × 1,610 + 2 × 0.0245)
= Exp(5.4624)
= $235.66

Bottom border of price channel:

Exp(Y1,110)
= Exp(a + b × X1,110 – 2 × s)
= Exp(a + b × 1,610 – 2 × s)
= Exp(2.7218 + 0.0017 × 1,610 – 2 × 0.0245)
= Exp(5.3643)
= $213.63

June 3, 2025 calculations

Top border of price channel:

Exp(Y1,227)
= Exp(a + b × X1,227 + 2 × s)
= Exp(a + b × 1,784 + 2 × s)
= Exp(2.7218 + 0.0017 × 1,784 + 2 × 0.0245)
= Exp(5.7533)
= $315.22

Bottom border of price channel:

Exp(Y1,227)
= Exp(a + b × X1,227 – 2 × s)
= Exp(a + b × 1,784 – 2 × s)
= Exp(2.7218 + 0.0017 × 1,784 – 2 × 0.0245)
= Exp(5.6552)
= $285.76

Description

  • The primary trend is increasing.
  • The growth rate of the primary trend is 84.08% per annum.
  • COR price at the close of July 14, 2025 was $297.06 and was lower than the bottom border of the primary price channel by $8.97 (2.93%). This indicates a possible reversal in the primary trend direction.

Secondary Trend

Start date: March 27, 2025
End date: July 14, 2025

a = 4.5318

b = 0.0006

s = 0.0161

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0006) – 1
= 26.31%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0161) – 1
= 6.64%

March 27, 2025 calculations

Top border of price channel:

Exp(Y1,181)
= Exp(a + b × X1,181 + 2 × s)
= Exp(a + b × 1,716 + 2 × s)
= Exp(4.5318 + 0.0006 × 1,716 + 2 × 0.0161)
= Exp(5.6620)
= $287.71

Bottom border of price channel:

Exp(Y1,181)
= Exp(a + b × X1,181 – 2 × s)
= Exp(a + b × 1,716 – 2 × s)
= Exp(4.5318 + 0.0006 × 1,716 – 2 × 0.0161)
= Exp(5.5977)
= $269.80

July 14, 2025 calculations

Top border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(4.5318 + 0.0006 × 1,825 + 2 × 0.0161)
= Exp(5.7317)
= $308.49

Bottom border of price channel:

Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(4.5318 + 0.0006 × 1,825 – 2 × 0.0161)
= Exp(5.6674)
= $289.28

Description

  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 26.31% per annum.
  • COR price at the close of July 14, 2025 was inside the secondary price channel.