Emerson Electric Company (EMR)
Emerson Electric Co. is an American multinational corporation headquartered in Ferguson, Missouri. The Fortune 500 company manufactures products and provides engineering services for a wide range of industrial, commercial, and consumer markets.
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 70.00% per annum.
- EMR price at the close of April 24, 2025 was $105.05 and was higher than the top border of the primary price channel by $0.57 (0.54%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 128.53% per annum.
- EMR price at the close of April 24, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
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 EMR 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 21, 2025
End date: April 23, 2025
a = 10.5997
b = -0.0033
s = 0.0309
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0033) – 1
= -70.00%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0309) – 1
= 13.14%
January 21, 2025 calculations
Top border of price channel:
Exp(Y1,190)
= Exp(a + b × X1,190 + 2 × s)
= Exp(a + b × 1,730 + 2 × s)
= Exp(10.5997 + -0.0033 × 1,730 + 2 × 0.0309)
= Exp(4.9558)
= $141.99
Bottom border of price channel:
Exp(Y1,190)
= Exp(a + b × X1,190 – 2 × s)
= Exp(a + b × 1,730 – 2 × s)
= Exp(10.5997 + -0.0033 × 1,730 – 2 × 0.0309)
= Exp(4.8323)
= $125.50
April 23, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(10.5997 + -0.0033 × 1,822 + 2 × 0.0309)
= Exp(4.6523)
= $104.83
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(10.5997 + -0.0033 × 1,822 – 2 × 0.0309)
= Exp(4.5289)
= $92.65
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 70.00% per annum.
- EMR price at the close of April 24, 2025 was $105.05 and was higher than the top border of the primary price channel by $0.57 (0.54%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: April 4, 2025
End date: April 24, 2025
a = 0.4931
b = 0.0023
s = 0.0296
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0023) – 1
= 128.53%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0296) – 1
= 12.59%
April 4, 2025 calculations
Top border of price channel:
Exp(Y1,242)
= Exp(a + b × X1,242 + 2 × s)
= Exp(a + b × 1,803 + 2 × s)
= Exp(0.4931 + 0.0023 × 1,803 + 2 × 0.0296)
= Exp(4.6351)
= $103.03
Bottom border of price channel:
Exp(Y1,242)
= Exp(a + b × X1,242 – 2 × s)
= Exp(a + b × 1,803 – 2 × s)
= Exp(0.4931 + 0.0023 × 1,803 – 2 × 0.0296)
= Exp(4.5165)
= $91.52
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(0.4931 + 0.0023 × 1,823 + 2 × 0.0296)
= Exp(4.6804)
= $107.81
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(0.4931 + 0.0023 × 1,823 – 2 × 0.0296)
= Exp(4.5618)
= $95.76
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 128.53% per annum.
- EMR price at the close of April 24, 2025 was inside the secondary price channel.