Enerpac Tool Group Corp (EPAC)
Enerpac Tool Group Corp. The company is headquartered in Menomonee Falls, Wisconsin.
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 58.30% per annum.
- EPAC price at the close of November 20, 2024 was $47.52 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 176.56% per annum.
- EPAC price at the close of November 20, 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 EPAC 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: August 10, 2023
End date: November 5, 2024
a = 1.5264
b = 0.0013
s = 0.0304
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0013) – 1
= 58.30%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0304) – 1
= 12.95%
August 10, 2023 calculations
Top border of price channel:
Exp(Y934)
= Exp(a + b × X934 + 2 × s)
= Exp(a + b × 1,358 + 2 × s)
= Exp(1.5264 + 0.0013 × 1,358 + 2 × 0.0304)
= Exp(3.2962)
= $27.01
Bottom border of price channel:
Exp(Y934)
= Exp(a + b × X934 – 2 × s)
= Exp(a + b × 1,358 – 2 × s)
= Exp(1.5264 + 0.0013 × 1,358 – 2 × 0.0304)
= Exp(3.1745)
= $23.91
November 5, 2024 calculations
Top border of price channel:
Exp(Y1,246)
= Exp(a + b × X1,246 + 2 × s)
= Exp(a + b × 1,811 + 2 × s)
= Exp(1.5264 + 0.0013 × 1,811 + 2 × 0.0304)
= Exp(3.8663)
= $47.77
Bottom border of price channel:
Exp(Y1,246)
= Exp(a + b × X1,246 – 2 × s)
= Exp(a + b × 1,811 – 2 × s)
= Exp(1.5264 + 0.0013 × 1,811 – 2 × 0.0304)
= Exp(3.7446)
= $42.29
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 58.30% per annum.
- EPAC price at the close of November 20, 2024 was $47.52 and was inside the primary price channel.
Secondary Trend
Start date: September 3, 2024
End date: November 20, 2024
a = -1.2046
b = 0.0028
s = 0.0299
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0028) – 1
= 176.56%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0299) – 1
= 12.70%
September 3, 2024 calculations
Top border of price channel:
Exp(Y1,201)
= Exp(a + b × X1,201 + 2 × s)
= Exp(a + b × 1,748 + 2 × s)
= Exp(-1.2046 + 0.0028 × 1,748 + 2 × 0.0299)
= Exp(3.7269)
= $41.55
Bottom border of price channel:
Exp(Y1,201)
= Exp(a + b × X1,201 – 2 × s)
= Exp(a + b × 1,748 – 2 × s)
= Exp(-1.2046 + 0.0028 × 1,748 – 2 × 0.0299)
= Exp(3.6073)
= $36.87
November 20, 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(-1.2046 + 0.0028 × 1,826 + 2 × 0.0299)
= Exp(3.9443)
= $51.64
Bottom border of price channel:
Exp(Y1,257)
= Exp(a + b × X1,257 – 2 × s)
= Exp(a + b × 1,826 – 2 × s)
= Exp(-1.2046 + 0.0028 × 1,826 – 2 × 0.0299)
= Exp(3.8247)
= $45.82
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 176.56% per annum.
- EPAC price at the close of November 20, 2024 was inside the secondary price channel.