Eerly Govt Ppty Inc (DEA)
Easterly Government Properties, Inc. (NYSE: DEA) is headquartered in Washington, DC and focuses primarily on the acquisition, development, and management of Class A commercial properties that are leased to the US government.
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 38.85% per annum.
- DEA price at the close of April 24, 2025 was $8.19 and was lower than the bottom border of the primary price channel by $0.97 (10.60%).
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 98.30% per annum.
- DEA 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 DEA 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: September 10, 2024
End date: April 9, 2025
a = 4.7428
b = -0.0013
s = 0.0357
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0013) – 1
= -38.85%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0357) – 1
= 15.35%
September 10, 2024 calculations
Top border of price channel:
Exp(Y1,100)
= Exp(a + b × X1,100 + 2 × s)
= Exp(a + b × 1,597 + 2 × s)
= Exp(4.7428 + -0.0013 × 1,597 + 2 × 0.0357)
= Exp(2.6623)
= $14.33
Bottom border of price channel:
Exp(Y1,100)
= Exp(a + b × X1,100 – 2 × s)
= Exp(a + b × 1,597 – 2 × s)
= Exp(4.7428 + -0.0013 × 1,597 – 2 × 0.0357)
= Exp(2.5195)
= $12.42
April 9, 2025 calculations
Top border of price channel:
Exp(Y1,245)
= Exp(a + b × X1,245 + 2 × s)
= Exp(a + b × 1,808 + 2 × s)
= Exp(4.7428 + -0.0013 × 1,808 + 2 × 0.0357)
= Exp(2.3780)
= $10.78
Bottom border of price channel:
Exp(Y1,245)
= Exp(a + b × X1,245 – 2 × s)
= Exp(a + b × 1,808 – 2 × s)
= Exp(4.7428 + -0.0013 × 1,808 – 2 × 0.0357)
= Exp(2.2352)
= $9.35
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 38.85% per annum.
- DEA price at the close of April 24, 2025 was $8.19 and was lower than the bottom border of the primary price channel by $0.97 (10.60%).
Secondary Trend
Start date: March 24, 2025
End date: April 24, 2025
a = 22.3869
b = -0.0112
s = 0.0478
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0112) – 1
= -98.30%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0478) – 1
= 21.06%
March 24, 2025 calculations
Top border of price channel:
Exp(Y1,233)
= Exp(a + b × X1,233 + 2 × s)
= Exp(a + b × 1,792 + 2 × s)
= Exp(22.3869 + -0.0112 × 1,792 + 2 × 0.0478)
= Exp(2.4901)
= $12.06
Bottom border of price channel:
Exp(Y1,233)
= Exp(a + b × X1,233 – 2 × s)
= Exp(a + b × 1,792 – 2 × s)
= Exp(22.3869 + -0.0112 × 1,792 – 2 × 0.0478)
= Exp(2.2990)
= $9.96
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(22.3869 + -0.0112 × 1,823 + 2 × 0.0478)
= Exp(2.1443)
= $8.54
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(22.3869 + -0.0112 × 1,823 – 2 × 0.0478)
= Exp(1.9532)
= $7.05
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 98.30% per annum.
- DEA price at the close of April 24, 2025 was inside the secondary price channel.