Embecta Corp (EMBC)
None
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 87.16% per annum.
- EMBC price at the close of April 17, 2025 was $11.34 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 64.93% per annum.
- EMBC price at the close of April 17, 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 EMBC 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: December 20, 2024
End date: April 17, 2025
a = 8.6672
b = -0.0056
s = 0.0542
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0056) – 1
= -87.16%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0542) – 1
= 24.21%
December 20, 2024 calculations
Top border of price channel:
Exp(Y684)
= Exp(a + b × X684 + 2 × s)
= Exp(a + b × 994 + 2 × s)
= Exp(8.6672 + -0.0056 × 994 + 2 × 0.0542)
= Exp(3.1859)
= $24.19
Bottom border of price channel:
Exp(Y684)
= Exp(a + b × X684 – 2 × s)
= Exp(a + b × 994 – 2 × s)
= Exp(8.6672 + -0.0056 × 994 – 2 × 0.0542)
= Exp(2.9691)
= $19.47
April 17, 2025 calculations
Top border of price channel:
Exp(Y763)
= Exp(a + b × X763 + 2 × s)
= Exp(a + b × 1,112 + 2 × s)
= Exp(8.6672 + -0.0056 × 1,112 + 2 × 0.0542)
= Exp(2.5223)
= $12.46
Bottom border of price channel:
Exp(Y763)
= Exp(a + b × X763 – 2 × s)
= Exp(a + b × 1,112 – 2 × s)
= Exp(8.6672 + -0.0056 × 1,112 – 2 × 0.0542)
= Exp(2.3055)
= $10.03
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 87.16% per annum.
- EMBC price at the close of April 17, 2025 was $11.34 and was inside the primary price channel.
Secondary Trend
Start date: February 20, 2025
End date: April 17, 2025
a = 5.6635
b = -0.0029
s = 0.0341
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0029) – 1
= -64.93%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0341) – 1
= 14.63%
February 20, 2025 calculations
Top border of price channel:
Exp(Y723)
= Exp(a + b × X723 + 2 × s)
= Exp(a + b × 1,056 + 2 × s)
= Exp(5.6635 + -0.0029 × 1,056 + 2 × 0.0341)
= Exp(2.7005)
= $14.89
Bottom border of price channel:
Exp(Y723)
= Exp(a + b × X723 – 2 × s)
= Exp(a + b × 1,056 – 2 × s)
= Exp(5.6635 + -0.0029 × 1,056 – 2 × 0.0341)
= Exp(2.5640)
= $12.99
April 17, 2025 calculations
Top border of price channel:
Exp(Y763)
= Exp(a + b × X763 + 2 × s)
= Exp(a + b × 1,112 + 2 × s)
= Exp(5.6635 + -0.0029 × 1,112 + 2 × 0.0341)
= Exp(2.5397)
= $12.68
Bottom border of price channel:
Exp(Y763)
= Exp(a + b × X763 – 2 × s)
= Exp(a + b × 1,112 – 2 × s)
= Exp(5.6635 + -0.0029 × 1,112 – 2 × 0.0341)
= Exp(2.4032)
= $11.06
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 64.93% per annum.
- EMBC price at the close of April 17, 2025 was inside the secondary price channel.