Cirrus Logic Inc (CRUS)
Cirrus Logic, Inc., a factory-less semiconductor company, offers high-precision, low-power mixed signal processing solutions in the United States and internationally. The company is headquartered in Austin, Texas.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 37.23% per annum.
- CRUS price at the close of March 31, 2025 was $99.66 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 1.53% per annum.
- CRUS price at the close of March 31, 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 CRUS 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: June 25, 2024
End date: March 31, 2025
a = 6.8911
b = -0.0013
s = 0.0644
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0013) – 1
= -37.23%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0644) – 1
= 29.37%
June 25, 2024 calculations
Top border of price channel:
Exp(Y1,064)
= Exp(a + b × X1,064 + 2 × s)
= Exp(a + b × 1,546 + 2 × s)
= Exp(6.8911 + -0.0013 × 1,546 + 2 × 0.0644)
= Exp(5.0477)
= $155.66
Bottom border of price channel:
Exp(Y1,064)
= Exp(a + b × X1,064 – 2 × s)
= Exp(a + b × 1,546 – 2 × s)
= Exp(6.8911 + -0.0013 × 1,546 – 2 × 0.0644)
= Exp(4.7902)
= $120.32
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(6.8911 + -0.0013 × 1,825 + 2 × 0.0644)
= Exp(4.6918)
= $109.05
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(6.8911 + -0.0013 × 1,825 – 2 × 0.0644)
= Exp(4.4343)
= $84.29
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 37.23% per annum.
- CRUS price at the close of March 31, 2025 was $99.66 and was inside the primary price channel.
Secondary Trend
Start date: November 5, 2024
End date: March 31, 2025
a = 4.7107
b = 0.0000
s = 0.0308
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0000) – 1
= -1.53%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0308) – 1
= 13.11%
November 5, 2024 calculations
Top border of price channel:
Exp(Y1,157)
= Exp(a + b × X1,157 + 2 × s)
= Exp(a + b × 1,679 + 2 × s)
= Exp(4.7107 + 0.0000 × 1,679 + 2 × 0.0308)
= Exp(4.7013)
= $110.09
Bottom border of price channel:
Exp(Y1,157)
= Exp(a + b × X1,157 – 2 × s)
= Exp(a + b × 1,679 – 2 × s)
= Exp(4.7107 + 0.0000 × 1,679 – 2 × 0.0308)
= Exp(4.5781)
= $97.33
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(4.7107 + 0.0000 × 1,825 + 2 × 0.0308)
= Exp(4.6951)
= $109.41
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(4.7107 + 0.0000 × 1,825 – 2 × 0.0308)
= Exp(4.5719)
= $96.73
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 1.53% per annum.
- CRUS price at the close of March 31, 2025 was inside the secondary price channel.