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 179.57% per annum.
  • COR price at the close of April 24, 2025 was $282.39 and was lower than the bottom border of the primary price channel by $3.01 (1.05%). This indicates a possible reversal in the primary trend direction.
  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 52.05% per annum.
  • COR price at the close of April 24, 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: February 12, 2025
End date: April 17, 2025

a = 0.5453

b = 0.0028

s = 0.0131

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0028) – 1
= 179.57%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0131) – 1
= 5.40%

February 12, 2025 calculations

Top border of price channel:

Exp(Y1,206)
= Exp(a + b × X1,206 + 2 × s)
= Exp(a + b × 1,752 + 2 × s)
= Exp(0.5453 + 0.0028 × 1,752 + 2 × 0.0131)
= Exp(5.5065)
= $246.28

Bottom border of price channel:

Exp(Y1,206)
= Exp(a + b × X1,206 – 2 × s)
= Exp(a + b × 1,752 – 2 × s)
= Exp(0.5453 + 0.0028 × 1,752 – 2 × 0.0131)
= Exp(5.4539)
= $233.67

April 17, 2025 calculations

Top border of price channel:

Exp(Y1,251)
= Exp(a + b × X1,251 + 2 × s)
= Exp(a + b × 1,816 + 2 × s)
= Exp(0.5453 + 0.0028 × 1,816 + 2 × 0.0131)
= Exp(5.6867)
= $294.93

Bottom border of price channel:

Exp(Y1,251)
= Exp(a + b × X1,251 – 2 × s)
= Exp(a + b × 1,816 – 2 × s)
= Exp(0.5453 + 0.0028 × 1,816 – 2 × 0.0131)
= Exp(5.6342)
= $279.83

Description

  • The primary trend is increasing.
  • The growth rate of the primary trend is 179.57% per annum.
  • COR price at the close of April 24, 2025 was $282.39 and was lower than the bottom border of the primary price channel by $3.01 (1.05%). This indicates a possible reversal in the primary trend direction.

Secondary Trend

Start date: March 27, 2025
End date: April 24, 2025

a = 3.5601

b = 0.0011

s = 0.0142

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0011) – 1
= 52.05%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0142) – 1
= 5.85%

March 27, 2025 calculations

Top border of price channel:

Exp(Y1,236)
= Exp(a + b × X1,236 + 2 × s)
= Exp(a + b × 1,795 + 2 × s)
= Exp(3.5601 + 0.0011 × 1,795 + 2 × 0.0142)
= Exp(5.6493)
= $284.10

Bottom border of price channel:

Exp(Y1,236)
= Exp(a + b × X1,236 – 2 × s)
= Exp(a + b × 1,795 – 2 × s)
= Exp(3.5601 + 0.0011 × 1,795 – 2 × 0.0142)
= Exp(5.5925)
= $268.41

April 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(3.5601 + 0.0011 × 1,823 + 2 × 0.0142)
= Exp(5.6815)
= $293.38

Bottom border of price channel:

Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(3.5601 + 0.0011 × 1,823 – 2 × 0.0142)
= Exp(5.6247)
= $277.18

Description

  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 52.05% per annum.
  • COR price at the close of April 24, 2025 was inside the secondary price channel.