Diodes Incorporated (DIOD)
Diodes Incorporated designs, manufactures and supplies standard products for specific applications in the discrete, logic, analog and mixed-signal semiconductor markets worldwide. The company is headquartered in Plano, 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 19.22% per annum.
- DIOD price at the close of November 19, 2024 was $54.70 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 54.68% per annum.
- DIOD 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 DIOD 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 11, 2023
End date: November 19, 2024
a = 5.1993
b = -0.0006
s = 0.0751
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0006) – 1
= -19.22%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0751) – 1
= 35.04%
January 11, 2023 calculations
Top border of price channel:
Exp(Y790)
= Exp(a + b × X790 + 2 × s)
= Exp(a + b × 1,148 + 2 × s)
= Exp(5.1993 + -0.0006 × 1,148 + 2 × 0.0751)
= Exp(4.6782)
= $107.58
Bottom border of price channel:
Exp(Y790)
= Exp(a + b × X790 – 2 × s)
= Exp(a + b × 1,148 – 2 × s)
= Exp(5.1993 + -0.0006 × 1,148 – 2 × 0.0751)
= Exp(4.3778)
= $79.66
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(5.1993 + -0.0006 × 1,826 + 2 × 0.0751)
= Exp(4.2817)
= $72.37
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(5.1993 + -0.0006 × 1,826 – 2 × 0.0751)
= Exp(3.9813)
= $53.59
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 19.22% per annum.
- DIOD price at the close of November 19, 2024 was $54.70 and was inside the primary price channel.
Secondary Trend
Start date: July 3, 2024
End date: November 19, 2024
a = 8.0004
b = -0.0022
s = 0.0720
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0022) – 1
= -54.68%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0720) – 1
= 33.40%
July 3, 2024 calculations
Top border of price channel:
Exp(Y1,160)
= Exp(a + b × X1,160 + 2 × s)
= Exp(a + b × 1,687 + 2 × s)
= Exp(8.0004 + -0.0022 × 1,687 + 2 × 0.0720)
= Exp(4.4871)
= $88.86
Bottom border of price channel:
Exp(Y1,160)
= Exp(a + b × X1,160 – 2 × s)
= Exp(a + b × 1,687 – 2 × s)
= Exp(8.0004 + -0.0022 × 1,687 – 2 × 0.0720)
= Exp(4.1989)
= $66.61
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(8.0004 + -0.0022 × 1,826 + 2 × 0.0720)
= Exp(4.1857)
= $65.74
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(8.0004 + -0.0022 × 1,826 – 2 × 0.0720)
= Exp(3.8976)
= $49.28
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 54.68% per annum.
- DIOD price at the close of November 19, 2024 was inside the secondary price channel.