Douglas Emmett Inc (DEI)
Douglas Emmett, Inc. (DEI) is a fully integrated, self-managed and self-managed Real Estate Investment Trust (REIT) and one of the largest owners and operators of high-quality multifamily and office properties located in major coastal submarkets. from Los Angeles and Honolulu.
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 29.44% per annum.
- DEI price at the close of November 19, 2024 was $18.49 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 138.72% per annum.
- DEI price at the close of November 19, 2024 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 DEI 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: March 10, 2023
End date: November 19, 2024
a = 1.5038
b = 0.0007
s = 0.0826
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0007) – 1
= 29.44%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0826) – 1
= 39.14%
March 10, 2023 calculations
Top border of price channel:
Exp(Y830)
= Exp(a + b × X830 + 2 × s)
= Exp(a + b × 1,206 + 2 × s)
= Exp(1.5038 + 0.0007 × 1,206 + 2 × 0.0826)
= Exp(2.5215)
= $12.45
Bottom border of price channel:
Exp(Y830)
= Exp(a + b × X830 – 2 × s)
= Exp(a + b × 1,206 – 2 × s)
= Exp(1.5038 + 0.0007 × 1,206 – 2 × 0.0826)
= Exp(2.1912)
= $8.95
November 19, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(1.5038 + 0.0007 × 1,826 + 2 × 0.0826)
= Exp(2.9599)
= $19.30
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(1.5038 + 0.0007 × 1,826 – 2 × 0.0826)
= Exp(2.6296)
= $13.87
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 29.44% per annum.
- DEI price at the close of November 19, 2024 was $18.49 and was inside the primary price channel.
Secondary Trend
Start date: May 23, 2024
End date: November 19, 2024
a = -1.3966
b = 0.0024
s = 0.0337
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0024) – 1
= 138.72%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0337) – 1
= 14.41%
May 23, 2024 calculations
Top border of price channel:
Exp(Y1,133)
= Exp(a + b × X1,133 + 2 × s)
= Exp(a + b × 1,646 + 2 × s)
= Exp(-1.3966 + 0.0024 × 1,646 + 2 × 0.0337)
= Exp(2.5947)
= $13.39
Bottom border of price channel:
Exp(Y1,133)
= Exp(a + b × X1,133 – 2 × s)
= Exp(a + b × 1,646 – 2 × s)
= Exp(-1.3966 + 0.0024 × 1,646 – 2 × 0.0337)
= Exp(2.4601)
= $11.71
November 19, 2024 calculations
Top border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 + 2 × s)
= Exp(a + b × 1,826 + 2 × s)
= Exp(-1.3966 + 0.0024 × 1,826 + 2 × 0.0337)
= Exp(3.0238)
= $20.57
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(-1.3966 + 0.0024 × 1,826 – 2 × 0.0337)
= Exp(2.8892)
= $17.98
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 138.72% per annum.
- DEI price at the close of November 19, 2024 was inside the secondary price channel.