Darden Restaurants Inc (DRI)
Darden Restaurants, Inc. is an American multi-brand restaurant operator headquartered in Orlando.
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 68.30% per annum.
- DRI price at the close of March 31, 2025 was $207.76 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 2,300.92% per annum.
- DRI 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 DRI 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: July 1, 2024
End date: March 31, 2025
a = 2.7156
b = 0.0014
s = 0.0337
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0014) – 1
= 68.30%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0337) – 1
= 14.42%
July 1, 2024 calculations
Top border of price channel:
Exp(Y1,068)
= Exp(a + b × X1,068 + 2 × s)
= Exp(a + b × 1,552 + 2 × s)
= Exp(2.7156 + 0.0014 × 1,552 + 2 × 0.0337)
= Exp(4.9964)
= $147.88
Bottom border of price channel:
Exp(Y1,068)
= Exp(a + b × X1,068 – 2 × s)
= Exp(a + b × 1,552 – 2 × s)
= Exp(2.7156 + 0.0014 × 1,552 – 2 × 0.0337)
= Exp(4.8617)
= $129.24
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(2.7156 + 0.0014 × 1,825 + 2 × 0.0337)
= Exp(5.3857)
= $218.27
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(2.7156 + 0.0014 × 1,825 – 2 × 0.0337)
= Exp(5.2510)
= $190.77
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 68.30% per annum.
- DRI price at the close of March 31, 2025 was $207.76 and was inside the primary price channel.
Secondary Trend
Start date: March 13, 2025
End date: March 31, 2025
a = -10.5248
b = 0.0087
s = 0.0212
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0087) – 1
= 2,300.92%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0212) – 1
= 8.85%
March 13, 2025 calculations
Top border of price channel:
Exp(Y1,243)
= Exp(a + b × X1,243 + 2 × s)
= Exp(a + b × 1,807 + 2 × s)
= Exp(-10.5248 + 0.0087 × 1,807 + 2 × 0.0212)
= Exp(5.2530)
= $191.14
Bottom border of price channel:
Exp(Y1,243)
= Exp(a + b × X1,243 – 2 × s)
= Exp(a + b × 1,807 – 2 × s)
= Exp(-10.5248 + 0.0087 × 1,807 – 2 × 0.0212)
= Exp(5.1682)
= $175.61
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(-10.5248 + 0.0087 × 1,825 + 2 × 0.0212)
= Exp(5.4097)
= $223.57
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(-10.5248 + 0.0087 × 1,825 – 2 × 0.0212)
= Exp(5.3250)
= $205.41
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 2,300.92% per annum.
- DRI price at the close of March 31, 2025 was inside the secondary price channel.