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 3.51% per annum.
  • COR price at the close of April 1, 2025 was $277.41 and was higher than the top border of the primary price channel by $22.88 (8.99%).
  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 209.13% per annum.
  • COR price at the close of April 1, 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: January 10, 2024
End date: January 21, 2025

a = 5.2959

b = 0.0001

s = 0.0356

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0001) – 1
= 3.51%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0356) – 1
= 15.29%

January 10, 2024 calculations

Top border of price channel:

Exp(Y949)
= Exp(a + b × X949 + 2 × s)
= Exp(a + b × 1,378 + 2 × s)
= Exp(5.2959 + 0.0001 × 1,378 + 2 × 0.0356)
= Exp(5.4972)
= $244.01

Bottom border of price channel:

Exp(Y949)
= Exp(a + b × X949 – 2 × s)
= Exp(a + b × 1,378 – 2 × s)
= Exp(5.2959 + 0.0001 × 1,378 – 2 × 0.0356)
= Exp(5.3550)
= $211.65

January 21, 2025 calculations

Top border of price channel:

Exp(Y1,206)
= Exp(a + b × X1,206 + 2 × s)
= Exp(a + b × 1,755 + 2 × s)
= Exp(5.2959 + 0.0001 × 1,755 + 2 × 0.0356)
= Exp(5.5328)
= $252.86

Bottom border of price channel:

Exp(Y1,206)
= Exp(a + b × X1,206 – 2 × s)
= Exp(a + b × 1,755 – 2 × s)
= Exp(5.2959 + 0.0001 × 1,755 – 2 × 0.0356)
= Exp(5.3906)
= $219.33

Description

  • The primary trend is increasing.
  • The growth rate of the primary trend is 3.51% per annum.
  • COR price at the close of April 1, 2025 was $277.41 and was higher than the top border of the primary price channel by $22.88 (8.99%).

Secondary Trend

Start date: February 14, 2025
End date: April 1, 2025

a = -0.0219

b = 0.0031

s = 0.0098

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0031) – 1
= 209.13%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0098) – 1
= 4.00%

February 14, 2025 calculations

Top border of price channel:

Exp(Y1,224)
= Exp(a + b × X1,224 + 2 × s)
= Exp(a + b × 1,779 + 2 × s)
= Exp(-0.0219 + 0.0031 × 1,779 + 2 × 0.0098)
= Exp(5.4984)
= $244.30

Bottom border of price channel:

Exp(Y1,224)
= Exp(a + b × X1,224 – 2 × s)
= Exp(a + b × 1,779 – 2 × s)
= Exp(-0.0219 + 0.0031 × 1,779 – 2 × 0.0098)
= Exp(5.4592)
= $234.91

April 1, 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(-0.0219 + 0.0031 × 1,825 + 2 × 0.0098)
= Exp(5.6406)
= $281.64

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(-0.0219 + 0.0031 × 1,825 – 2 × 0.0098)
= Exp(5.6014)
= $270.81

Description

  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 209.13% per annum.
  • COR price at the close of April 1, 2025 was inside the secondary price channel.